ICD-10 accuracy codes reflect how medical practices treat their patients. Incorrect coding can lead to denied claims that hurt healthcare providers’ revenue streams. Unfortunately, sometimes when all the coding is done correctly, healthcare payers may not be able to hold up their end of the deal.
ICD-10 accuracy codes reflect how medical practices treat their patients.
That’s the easy part to understand. Unfortunately it’s getting more complicated. Those ICD-10 accuracy codes are illustrating how medical practices treat their patients.
ICD-10 touches many aspects of healthcare including, risk management and reporting, billing and reimbursement, and quality reporting, etc. Imagine an incorrect diagnosis code causing an obstetrician to withhold pain medicine during a woman’s pregnancy. This would be an extreme case, terrifying and harmful for the patient.
Healthcare providers are having trouble finding ICD-10, value-based care, risk contracting and MACRA experienced staff. Providers are outsourcing billing services because it has become so complicated. Any detail that’s missed could add up to big losses for healthcare providers. ICD-10 implementation has significantly increased the demand for certified medical coders and ICD-10 trainers.
ICD-10 implementation has increased the demand for certified medical coders and ICD-10 trainers. Workers with experience in value-based initiatives are going to find their skills needed in business offices and training classrooms too.
Any detail that’s missed could add up to big losses for healthcare providers.
Outsource medical coding to increase accuracy codes and prevent these serious mistakes from affecting your patients. Outsourcing frees up a great deal of time, allowing practitioners more time with patients.