May 2013In This IssueHIS’ ICD-10 Resource CenterOn October 1, 2014, the health care industry will be required to use theICD-10 code set to code all diagnosis and hospital inpatient procedures inadministrative transactions and for various other uses.To answer your questions and provide additional education resources,we’ve created an ICD-10 Resource Center, which includes resources,blogs, and additional resource centers for you to access ICD-10information.Our Resource Center is constantly being updated. Please feel free toreach out if you have any questions.Click here to access our Resource Center.Creating a Seamless Transition toICD-10 in Orthopedic Billing1.1HIS’ ICD-10Resource Center1.2Creating aSeamlessTransition toICD-10 inOrthopedic Billing2.3An Updateon the ICD-10ImplementationTimeline2.4Impact of ICD-10on HealthcareRevenue CycleManagementwww.healthinfoservice.com(855) RING-HIS350 S. NorthwestHighway Suite 200Park Ridge, IL 60068The administrator of the Centers forMedicare and Medicaid Services(CMS) now says the 2014 ICD-10 dateis firm, and there will absolutely beno further delays in implementationof the new billing codes. If medicaloffices are not prepared by theimplementation date, they will losemoney. After that date, any claimsubmitted using ICD-9 codes will berejected unpaid.All medical practices will be affected by the change, but orthopedicsections of the code have changed more than any other section. Thereare measures orthopedic medical practices can take now in order tomake a seamless transition to ICD-10 billing.Click here to read the full article.
Have Questions? We’re happy to help.Healthcare Information Services (HIS)(855) RING-HIS350 S. Northwest Highway, Suite 200Park Ridge, IL 60068www.healthinfoservice.comHEALTHCARE INFORMATION SERVICES, L.L.C www.healthinfoservice.comAn Update on the ICD-10 Implementation TimelineOctober 1, 2014 may seem like a longtime for finishing preparations, but thetimeline for ICD-10 implementationhas already reached the point wheremany practices should be movingon to the next significant stage ofdevelopment.While some may feel this is overlyaggressive, the Centers for Medicareand Medicaid Services suggests thefollowing ICD-10 Implementation Timeline.Click here to read the full article.Impact of ICD-10 on HealthcareRevenue Cycle ManagementIn order to maximize the benefitsof the richer coding system, eachaspect of the medical operationmust be carefully examined toensure that it captures and usescodes that accurately describeall diagnoses and procedures.Staff members for all segmentsof the practice must realizethe need for accuracy to drivepatient services, data analysisand care delivery as well as revenue cycle management.Click here to read the full article.