Though the U.S. prepares to implement the new code set in October, less than nine months from now, it is still greatly behind other countries in coding and claim documentation. For instance, the United Kingdom adopted ICD-10 in 1995.
Providers and facilities can look on the bright side as they are training and preparing. ICD-9 is greatly limited in the number of new codes that can be created, and it does not reflect current medical knowledge. ICD-10 specificity and detail will help providers track outcomes, patient improvement and costs.
More Articles on Coding, Billing and Collections:
When to Use CPT Modifiers 25 & 57
7 Tips for Effectively Managing ASC Billing Processes
Missouri Bill Would Require Healthcare Price Transparency
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.