ICD-10 Code Set to Replace ICD-9
ICD-10 Deadline Approaching: Oct. 1, 2015
All signs indicate the ICD-10 (International Classification of Diseases, Revision 10) will be implemented on Oct.1. Given this situation the American Medical Association is focusing on steps to ease thste transition and mitigating the potential disruption in claims processing, physicians’ workflow and patients’ access to care. The American Association of Professional Coders has a 30 day action plan to meet the deadline.
CMS and AMA Announce Efforts to Help Providers Get Ready for ICD-10
On July 6, with less than three months remaining until the Oct. 1 deadline, the Centers for Medicare & Medicaid Services (CMS) and AMA announced efforts to continue to help physicians prepare for ICD-10. Read CMS’s guidance in response to the AMA’s concerns.
CMS posts clarifying ICD-10 guidance
CMS has updated guidance on the ICD-10 coding transition following requests from the AMA to clarify several questions. The clarifying FAQs are consistent with the original announcement and provide added clarity of the term "family of codes" and the flexibility pertaining to front-end claims processing, in addition to post-payment audits. The AMA is also working with CMS to develop a version of the FAQs that is specifically geared toward physicians since the revised document is aimed at multiple audiences (e.g., Medicare contractors, CMS regional offices, and other providers).
On October 1, 2015, if your practice is not billing using the ICD-10 codes then your claims will be denied, which will seriously affect your cash flow.
If you need any assistance or have additional questions, please contact your MSMS Reimbursement Advocate Stacie Saylor, CPC, CPB at 517-336-5722.