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ICD-10 FAQ |
A New Set of Codes ICD-10-CM stands for “International Classification of Diseases, Tenth Revision, Clinical Modification”. This references the newly expanded diagnosis code set that is poised to replace the current ICD-9-CM Volumes 1 and 2. ICD-9 has a cutoff date of October 1, 2015. After this time, claims filed by HIPAA-covered entities – health plans, clearing houses, and healthcare providers required to send/accept electronic transactions – using ICD-9 would be denied without payment. ICD-10-CM is being introduced to help diagnose and record diagnostics with considerably more detail and specificity. While the ICD-9 set contained about 14,000 diagnosis codes, ICD-10 contains over 69,000. ICD-10 was developed for use in all healthcare settings in the United State, and features many advances in clinical medicine. Making the Transition Seamless This code set change is a big one. The huge expansion in diagnosis codes means you need to work with a team that has prepared for the move and is already well versed in all the new codes. MD Billing Solutions has conducted company-wide training and testing to get our staff ready for October 1st. We will help all our partners transition to the ICD-10 system with no hiccups and without any slowdown in patient care. In addition to our experts being ready, all our software solutions have been updated to use the correct ICD-10 code set from October 1 and on. What do you need to do? Not much, really. We will handle the entire ICD-10 update process, sparing you the hassle and responsibility burden of meeting these new compliance requirements. MD Billing Solutions will also provide the ICD-10 upgrade to all its clients at no charge, making this transition easy on the mind and on the pocket. What are some of the ICD-10 improvements? - Expanded Injury Codes with 3-7 Characters - Increased Diagnosis Codes for More Specificity - Diagnosis/Symptom Code Combinations for Condition Description - Added Information Regarding Ambulatory/Managed Care - Greater Specificity and Finer Detail Overall |
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