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Preparing for ICD-10
- 1. April 2014 Webinar Preparing for ICD-10
- 2. Heidi Jannenga PT, MPT, ATC/L WebPT COO and Co-Founder Mike Manheimer WebPT Marketing Director
- 3. Delay of Game: Congress Votes to Push Back ICD-10 Deadline • Go-live date moves from October 1, 2014, to October 1, 2015 (at the earliest) • Provision for the delay was part of the Sustainable Growth Rate “fix” • Estimated cost of the delay: $1 billion to $6.6 billion.
- 4. What You Need to Know Now About ICD-10 1. ICD-10 applies to all HIPAA-covered entities. 2. ICD-10 consists of two parts: ICD-10-CM and ICD-10-PCS 3. ICD-9 and ICD-10 differ big time. 4. Crosswalking is difficult. 5. The transition is necessary. 6. Time is still of the essence.
- 5. Strategy for Attacking ICD-10 1. Accept the change: Today 2. Designate a lead (or a team): Within the next three months 3. Make a plan: Within the next six months 4. Start training: Within the next year 5. Test, test, test, and test some more: Next year
- 6. Your ICD-10 Checklist • Compile educational resources • Assess your current diagnosis coding processes • Pinpoint ways ICD-10 will affect your practice • Ensure all external partners will be ready • Assign specific tasks and deadlines • Establish a budget • Get your finances in order
- 7. How to Test Internally Before you test, determine: • Who in your clinic touches your codes (billers, front office personnel, clinical staff, etc.) • What ICD-9 codes you use most frequently and their ICD-10 equivalents • Where and how your staff locate correct ICD-9 codes and where and how they’ll locate ICD-10 ones • Whether your coding processes will still make sense after the codes change
- 8. How to Test Internally 1. Test that your staff can competently use the new codes a. Practice dual-coding 2. Test that each redesigned process or workflow actually works a. Review and tweak your current processes
- 9. How to Test Externally Proper external testing will help you: 1. Verify that your practice can submit, receive, and process data containing ICD-10 codes. 2. Understand the impact that clearinghouse and payer policies will have on transactions. 3. Identify and address specific problems.
- 10. How to Test Externally External testing plan: 1. Identify (and prioritize) the stakeholders with whom you need to test. 2. Submit test data to your clearinghouse, billing service, and/or payers. 3. Review test results for the data you submitted. 4. Update your processes based on the results of your tests.
- 12. Special Offer New Members Sign up with WebPT by May 31 and receive $100 off the initial sign-up cost.
- 14. Thank you for attending.