Preparing for ICD-10: Six Ways to Get Ready Now  

Category: ICD-10

Before long, physician practices will say farewell to ICD-9 and start submitting claims with ICD-10, an expansive code set with more than 70,000 diagnosis codes. As the implementation date draws near, practices have an opportunity to streamline operations and strengthen their bottom line before the new code set is required.

With the right level of advanced planning, practices can minimize the impact of ICD-10 on both their productivity and revenue cycle with these six strategies: 

Strategy #1: Start early. Early preparation is key to a smooth transition, especially when it comes to bringing clinical staff up to speed on all of the changes ICD-10 brings. Even though almost one-third of practices have not started preparing for the October 1, 2014, deadline, it is not too late to catch up. Working with physicians and other clinicians to begin laying the groundwork now ...