Posted by Dana Deardorff
With the ICD-10 transition approaching, you may be wondering what will change in your practice.
The ICD-10 transition affects everyone covered by the Health Insurance Portability and Accountability Act (HIPAA), even those who do not submit Medicare claims. If you are a provider, here are a few of the many areas where the transition to ICD-10 will affect your practice:
On January 1, 2012, all electronic claims must use Version 5010, and anyone covered by HIPAA must use ICD-10 diagnosis codes for services provided on or after October 1, 2013. To be prepared for both of these transitions, you should begin planning now if you haven’t done so already.
Determine where ICD-9 codes currently appear in your systems and business processes. Budget for training, re-printing of superbills, etc. Finally, develop an ICD-10 timeline – all good first steps to help you prepare. Don’t forget to evaluate all vendor and payer contracts and upgrade as needed.
The CMS website features a Provider Resources page for ICD-10 that includes factsheets, timelines, and additional resources to assist you with the transition to ICD-10 codes.
Keep Up to Date on Version 5010 and ICD-10.
Please visit www.cms.gov/icd10 for the latest news and resources to help you prepare!