Confront the latest medical coding challenge ICD-10-CM coming onOctober 1, 2014.
What is ICD-10-CM?
ICD-10-CM also known as “InternationalClassification of Diseases” is generally a set of codes largely utilized mainlyby the physicians, hospitals, Medical Transcription Companies andhealth care expertise or specialists in order to perform an analysis onpatients every visit. The ICD-10-CM system of coding contains approximately68,000 codes and these codes become essential when claiming for any type ofhealth insurance in the U.S.
If we compare ICD-9-CM, we find veryfew alterations are done with ICD-10-CMDraft code set for 2013 which will beeffect from 1st October, 2014. It was decided to make a few changesin the 2013 ICD-10-CM Draft code, by accumulating a couple of terms andrectifying typos in the Alphabetic directory.
Let’s check out the probableadvantages of implementing the latest ICD-10 medical coding system:
The alterations done by medicaltranscription companies signify huge development over ICD-9-CM and ICD-10.
Some specific improvements done aregiven below:
Impact On Your Medical Coding Employees
This latest system of ICD-10-CM medical coding will bringtremendous level of progress for all the medical transcription companies andU.S. health care system. The presentsystem of ICD-9-CM is outdated for new codes and limits the coding process. Asmedical transcription person, you require, to familiarize yourself with thelatest system and get the significant training for the same to ensure a smoothtransition.
Ifyou are a medical coder or any professional pertaining to medical servicescompany then it is mandatory for you to get a comprehensive synopsis about theessential changes in store for both diagnostic and procedural coding.
Even supposingchanges done may be little to ICD-10-CM Draft system of coding for the nextcouple of years, we suggest you as a medical coder to study the guidelinescarefully and yearly. Aside from this, you can expect supplementary guidelinesand reporting coming up as we have additional coders training under ICD-10-CM.
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