RCM tip of the day: Code correctly the first time

As healthcare organizations seek to increase efficiency in their revenue cycle, they should focus on ensuring coding accuracy before claims get out the door, according to Dustin Hamilton, director of product at ZirMed.

Mr. Hamilton shared the following tip with Becker's Hospital Review.

"To make sure that your organization is quickly paid what it is owed, make sure that claims are coded right the first time — a task that has become more challenging since the advent of ICD-10 which has over 68,000 coding options compared to the 13,000 ICD-9 codes. Look for a set of automated coding tools that integrate with your claims software to ensure compliance with local coverage determination and national coverage determination regulations. These systems also allow you to search within specific sub-sets so only codes relevant to your practice or organization appear in search results."

Read more about coding here.

If you would like to share your RCM best practices, please email Kelly Gooch at kgooch@beckershealthcare.com to be featured in the "RCM tip of the day" series.

 

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