A lot of
time has elapsed since the announcement and the subsequent delay of induction
of ICD-10 codes. The stage is set for the transition of health care to a
mammoth 70,000-code system. The challenge now lies with the providers who have
to invest time to train their personnel in addition to manage incurred
expenses. The EHR (Electronic Health Record) and billing systems need updating
in accordance with the specified standards. The transition from ICD-9 to ICD-10
will bring about a radical change in healthcare that will accommodate newly
developed diagnoses and procedures, innovations in technology and treatment,
performance-based payment systems, and more accurate billing requirements. ICD-10 ambulatory clinics
are believed to have fully established themselves by now as October is looming.
Based on the new ICD norms, a complete overhaul of the
technological inventory might be required ahead of this transition. All the
devices, platforms, software, and tech assists, which were previously based on
an ICD-9 construct, need to be remodeled according to the latest update. Now is
not the time to get an insight over how the transition will affect your
practice. ICD-10 has already been delayed, and the first of October is just a
few months away. The simple fact is that
changes have to be made, and in compliance with the standards.
In ICD-10,
physicians would be
required to populate detailed reports about the medical conditions and the
procedures performed at various stages of treatment. Although, there are
certain similarities with the former version, ICD-10 codes are a lot more
specific and exhaustive.
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