Are you properly preparing to meet the ICD-10 deadline of October 1, 2014? Did you know that all claims for health care services provided on or after October 1, 2014, must contain ICD-10 codes? Where in the transition process is your organization? It is important that everyone in your office has at least a general understanding of the ‘what’ and ‘why’ of ICD-10. A recent study conducted by American Health Information Management Association (AHIMA) indicates that healthcare providers are making slow -or no- progress toward ICD-10 implementation leaving the vast majority of providers with no plans, no budgets, and very little progress to report. AHIMA and CMS have predicted that at least 50 hours of ICD-10 training will be needed for each coder to successfully transition to ICD-10.
As your business partner, we want to ensure you are aware of the healthcare industry's key projections and equip you with relevant facts for more informed decision making:
What should your business be doing right now?
Has your business examined the impact of increased claim denials?
To help you, your staff and physicians gain a general understanding of the ICD-10 transition, please visit CollaborateMD’s exclusive training website to receive an overview of changes from ICD-9 to ICD-10.
To ensure success for your business, planning is critical. If you have not started the implementation process, please start now; the countdown clock is ticking.
Your CollaborateMD Team
At CollaborateMD we are obsessed with getting your medical claims paid fast. All of us at CollaborateMD are here and ready to help make your life easier.
Give us a call at 877.480.6517 for more information.