While the transition to clinical coding sets ICD-10-CM and ICD-10-PCS from the 30-year-old ICD-9-CM is challenging, there are significant benefits.
These codes, which are used to collect and report information on patient illnesses, injuries and procedures, are the bedrock of administrative claims data and are used for hospital reimbursement. ICD-10 will allow accurate classification and payment for new treatments and enable better tracking of the severity of illness. The greater detail provided by ICD-10 also will reduce the administrative burdens providers face in producing detailed follow-up paperwork and other documentation needed to process claims.
The Centers for Medicare & Medicaid Services have released a proposed rule to revise the compliance date for ICD-10-CM and ICD-10-PCS from Oct. 1, 2013, to Oct. 1, 2014.
For information on the implementation of ICD-10-CM and ICD-10-PCS, please visit www.ahacentraloffice.org.
Coming in July/August: IT Implementation
Trustee will offer a peek at the 2012 Most Wired Survey results, which track information technology adoption and use.