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3 Planning Phases to Get You Ready
New ICD-10 coding changes must be implemented by October 1, 2015 for all agencies who provide care in the home, including skilled nursing agencies, private duty and hospice agencies. This leaves healthcare providers, administrators and owners facing preparation times and plans for new-code adaptions before the deadline hits.
It’s amazing how time flies in instances such as this, isn’t it?
Yet planning is key here. The planning phase is one in which helps determine the success of the impending changes. “Plans are nothing; planning is everything.” -Dwight D. Eisenhower
Feel free to use this blog as a resource for this very important change agent, whether as an individual care provider, as an administrator or as an owner. First, let’s take a look at some of the benefits of the new ICD-10 coding requirements and why they are being enlisted. After that, we’ll step you through some useful planning tools for ICD-10 coding conversions.
In 1990, the World Health Organization revised the 10th Edition of the International Classification of Diseases (ICD-10). Healthcare agencies that are covered by HIPAA are mandated to comply with ICD-9- to-ICD-10 coding conversions by October 2015. ICD-10 coding is designed to capture more clinical, patient, therapeutic and diagnostic information than does ICD-9 coding.
In addition, it is anticipated that the new coding system will better facilitate care management processes and methods, assist in quality care and analytic measurement, as well as to improve the ability to better understand risks, the severity of illnesses, and to capture and record more accurate diagnoses.
The transition to ICD-10 coding will also yield a better picture of current medical practices and clinical documentation. Other anticipated advantages include:
Developed to lessen the amounts of medical fraud, ICD-10 coding is also expected to reduce the need for supporting documentation.
Since the updated code provisions will permit –and even mandate – crucial changes in how health plans reimburse for provider services as well as how service coverage is determined, having a definite plan in place for these changes is paramount.
The 3 Planning Phases
Consider the following Planning Phases for better outcomes in the ICD-10 coding transition:
Visit this blog space in the near future for specific changes and differences between ICD-9 and ICD-10 coding practices. You won’t want to miss this one – it’s going to be super handy for identifying what codes are in, what codes are out, top coding errors, and other relevant ICD-10 coding information.