By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    stress disorder
    5 Ways To Manage Post-Traumatic Stress Disorder
    October 27, 2021
    Medical device classification and development strategies
    Medical device classification and development strategies
    April 5, 2023
    varicose veins
    Varicose Veins Prevention: 3 Lifestyle Changes to Make Right Now
    May 1, 2022
    Latest News
    Beyond Nutrition: Everyday Foods That Support Whole-Body Health
    June 15, 2025
    The Wide-Ranging Benefits of Magnesium Supplements
    June 11, 2025
    The Best Home Remedies for Migraines
    June 5, 2025
    The Hidden Impact Of Stress On Your Body’s Alignment And Balance
    May 22, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Community Connection: Training Lay Responders For Disaster
    Community Connection: Training Lay Responders For Disaster
    April 14, 2019
    How Healthcare Organizations Can Improve Data Security
    September 28, 2020
    4 Car Accident Injury Tips To Get The Compensation You Deserve
    November 2, 2021
    Latest News
    Top HIPAA-Compliant Messaging Apps for Healthcare Teams
    June 25, 2025
    When Healthcare Ends, the Legal Process Begins: What Families Should Know About Probate and Medical Estates
    June 20, 2025
    Preventing Contamination In Healthcare Facilities Starts With Hygiene
    June 15, 2025
    Strengthening Healthcare Systems Through Clinical and Administrative Career Development
    June 13, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: How Do You Know If You Are Ready for ICD-10?
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Hospital Administration > How Do You Know If You Are Ready for ICD-10?
BusinessHospital AdministrationMedical Records

How Do You Know If You Are Ready for ICD-10?

philcsolomon
Last updated: December 8, 2013 9:11 am
philcsolomon
Share
6 Min Read
SHARE

Will The Transition to ICD-10 Become Your Waterloo or Battle of Normandy?

Will The Transition to ICD-10 Become Your Waterloo or Battle of Normandy?

ICD 10The path towards our country’s new healthcare system will invariably contribute to the increased demand for more physicians. Without an adequate number of physicians to drive revenue and handle the needs of patients, hospitals and physician groups must carry out strategies to offset the financial risks associated with healthcare reform and the ICD-10 transition.

In order to insure revenue continuity for providers, it is also imperative that hospitals and physician groups employ enough fully qualified coders to make sure that bills drop on time. Hospitals and Physician Groups must have enough qualified coders to meet the demands of the transition to ICD-10.  Adding additional coders, internally or from a qualified outsource partner will reduce overall down time, create less coding backlogs and reduce the volume of denials.

More Read

Curēus, New Open-Source Medical Journal Created by Stanford Neurosurgeon John Adler,Scientific Research More Readily Available, Peer To Peer Reviews
What Size Reward Drives a Consumer to Take a Desired Health Behavior?
Are For Profit Hospice Placing Profits Over People?
Healthcare Reform’s Impact: Staff and Service Cuts Expected
7 Useful Tips: How to Engage and Inspire Action and Social Sharing

Clinical systems are better than they have ever been. Providers now have many interconnected systems that can solve issues related to the ICD-10 transition. The interconnected systems pose problems for syncing data and ensuring that information flow is uninterrupted and accurate. One way to reduce the negative effects of ICD-10 transition and health reform is to make sure that there are enough employees to support the transition and the implemented new technologies. In this time of change, it is essential to build a safety net strategy to offset risks associated with initiatives like ICD-10.

Provider coding resources may become the Achilles heel in making the transition to ICD-10. There are major issues to consider as they relate to proper clinical documentation. Currently, there are no transition systems which are built to test the information flow from beginning to end. Even CMS’s system has not been tested against all variables. Many clearing houses pose a significant risk due creating a bottle neck due to inadequate testing.

Current coder experience and competency levels are well matched to ICD-9. With ICD-10, those same coders may not be predisposed to handle the transition. They may:

  • Not have the capacity to learn the new system
  • Not have a desire to change their work habits to learn the new system
  • Are at the end of their career and would rather retire than learn the new system

There is a high likelihood that the pending changes in healthcare will combine to create the perfect storm of disaster. The future state of clinical documentation is converging with a complex overhaul of the healthcare system with the introduction of healthcare reform, the HITECH Act, the 501(r) implementation and the ICD-10 overhaul of clinical documentation.

Many providers are behind the eight ball, moving from paper to EMR systems. The current EMR systems in place today may not be ready for the significant changes ICD-10 will bring to the new electronic data warehouses.

The interconnected technologies will surely create challenges for providers as they prepare for the many operational variables associated with ICD-10. The right coding approach will help mitigate the risks of implementation. The following are questions providers should be asking themselves about their ICD-10 strategy:

  • Should I set up dual coding to insure the cross mapping of ICD-9 and ICD-10 is accurate?
  • Do I have enough coding personnel resources?
  • Are my current coding personnel capable of keeping up the demands of ICD-10?
  • Have all of my coders been adequately trained and tested?
  • Has our transition process been tested with experienced and new coder personnel?
  • Do I have a safety net plan in place to be able to scale my coder staff if necessary?
  • Have I contracted with a coding outsource expert to insure proper production targets are met?
  • Have I tested the entire coding process from end to end?

ICD-10’s implementation is sure to have a negative effect on coding production, and will invariably lead to coding inaccuracies that can materially affect a hospital’s reimbursements and financial health.

The transition of ICD-10, the implementation of electronic medical records systems and the changes in payer rules puts providers at risk of experiencing a reduction of revenue. Having an abundance of certified coder’s from internal employed staff and a contracted group of external outsourced coders provides insurance against unexpected production slowdowns and inaccurately coded charts.

Hospitals and Physician Groups are operating in a time of uncertainty and need a solid operational and safety net strategy to support functions such as coding, auditing, insurance denials and claim follow up. With the proper implementation strategy, providers can overcome the operational impediments they will face during the initial transition to ICD-10. That said industry experts believe that long term coding and documentation challenges are likely to continue through 2016 and beyond.

TAGGED:ICD-10
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

women dental care
What Is a Smile Makeover and How Much Does It Cost?
Dental health
June 30, 2025
HIPAA-Compliant Messaging Apps
Top HIPAA-Compliant Messaging Apps for Healthcare Teams
Global Healthcare Policy & Law Technology
June 25, 2025
recovering from injury
Rebuilding After Injury: Path to Physical and Emotional Recovery
News
June 22, 2025
scientist using microscope
When Healthcare Ends, the Legal Process Begins: What Families Should Know About Probate and Medical Estates
Global Healthcare
June 18, 2025

You Might also Like

Hospital AdministrationTechnology

Top Tips For A More Eco-Friendly Healthcare Facility

June 12, 2019
eHealthMedical RecordsTechnology

Software Is Revolutionizing the Way Patients Pay for Health Services

January 8, 2018
healthcare recruiting
BusinesseHealthSocial Media

Social Recruiting Is Now Marketing

September 23, 2013
Image
BusinesseHealth

Credit Suisse Says Wearable Tech “The Next Big Thing”

May 29, 2013
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?