Healthcare Headlines

How Will ICD-10 Impact Your Practice?

The transition to ICD-10 will impact many areas of the medical practice as illustrated by the graphic below from the American Association of Professional Coders (AAPC).  

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ICD-10 Compliance Date is October 1, 2015

As many in the health care industry are acutely aware, the International Classification of Diseases 9th Revision (ICD-9) diagnosis code set is being replaced with ICD-10. This change will have a significant impact on almost every aspect of physician revenue cycle management and coding. On April 1, 2014, the Protecting Access to Medicare Act 2014 […]

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Unseen Costs of ICD-10 Implementation

What are some of the overlooked unforeseen costs of implementation? Practices may secure cash flow savings or a line of credit to help weather the storm during the transition; it is suggested that practices have a minimum of the equivalent of 30 days of operating capital on hand Measure and budget for money and time […]

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ICD-10 Preparedness Considerations from the Health Care Solutions Advisor POV

PracticeMax prepared a series of frequently asked questions about ICD-10 and its impact on physician and provider practices. What are the main points of consideration for a practice postponing preparation, besides not getting paid? Transition is mandates by law Inability so submit claims What are three advantages to using a revenue cycle management partner like […]

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