Healthcare executives throughout the nation are carefully following along with all of the most recent news about ICD-10 implementation and the delays that have accompanied it. Many reports seem to indicate the industry is not fully prepared for implementation, and that there is still a lot of confusion about what exactly using ICD-10 will look like. The biggest challenge physicians …
How to Plan for ICD-10 Implementation
As many health care professionals and executives know, progress has been slow on the transition to ICD-10, the latest medical classification list. This process has largely taken a backseat to other priorities for health care organizations, including electronic health records and the reduction of expenses. However, with the ICD-10 conversion date set for Oct. 1, 2015, it’s important to develop …
Improving and Fine-Tuning Your Denials Management Processes
One of the realities of operating a health care practice is dealing with claim denials. This can be a major issue for some organizations, but there are some steps you can take to make your denials management system more efficient and effective. It all starts with establishing greater attention to detail. According to the 2013 National Health Insurer Report Card, …