ICD-10 Is Coming… Are You Ready? ICD-10 Tools: What does this mean for you? CRT is going to start providing more tools on ICD-10-CM in the coming months leading up to the October 1st, 2014 deadline. These resources will be found in: E-mails sent to the practice including FAQ’s, links, suggestions, and updates ICD-10 Newsletters Every month CRT will Sponsor 2 Webinars The Monthly billing bulletin will include updates and pertinent information CRT Approved web links to outside sources Along with these tools, all of the upcoming information will be archived on the CRT Website Our first recommended link is the CMS (Center for Medicare and Medicaid) website. This site provides a great starting point towards learning information purely regarding ICD-10, this site is: CMS.gov/Medicare/Coding/ICD10 ICD-10 is closing in quickly, and preparation is critical in order to ensure that your cash flow and reimbursements aren’t affected. Over the next 11 months CRT is going to provide you and your staff with the necessary tools so you can conquer ICD-10 in its entirety. In the meantime check out what tools CRT will be providing in the near future. Why Is This Happening? The change to ICD-10 is occurring because ICD-9 produces a limited data set in regards to patient medical conditions and hospital inpatient procedures. ICD-9 is over 30 years old and is filled with outdated terms, and is consequently inconsistent with current medical practices. Also the current format limits the creation for new codes and many ICD-9 categories are full, or are filling up quickly. 3 Basic Steps for Transitioning to ICD-10: In order to transition to ICD-10 a few steps must be taken to facilitate a proactive and smooth transition. The first step in this process is to develop an implementation strategy which can assess the impact of ICD-10 on your practice and organization. The next step in transitioning is to draft a detailed timeline for yourself and your staff. This timeline will let your team know where they should be, and when. CRT will be providing a general timeline in the coming weeks, but it is up to you to fill in the finite details; as no one timeline has the ability to address every issue you may face. The final step is to develop a budget for the process. A budget is an intricate part of this procedure, planning and preparing for unexpected costs will help guarantee this transition runs as flawlessly as possible. A Quick Comparison of ICD-9 and ICD-10 ICD-9-CM Diagnosis Codes ICD-10-CM Diagnosis Codes •3-5 Characters in length •3-7 Characters in length •Approximately 14,000+ Codes •Approximately 69,000+ codes •First Digit may be alpha (E or V) or numeric; digits 2-5 are numeric •Digit 1 is alpha; digits 2 and 3 are numeric; digits 4-7 are alpha or numeric •Limited space for new codes •Flexible for adding new codes •Lacks detail •Very specific •Lacks laterality •Has laterality •Difficult to analyze data due to nonspecific codes •Specificity improves coding accuracy, and depth of data for analysis •Codes are non-specific and don't adequately define diagnoses needed for medical research •Detail improves the accuracy of data used in medical research •Does not support interoperability because it is not used in other countries •Supports interoperability and the exchange of health care data between other countries and the United States
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