Countdown to ICD-10: 10 Facts to Get You Ready for the Transition

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Countdown to ICD-10: 10 Facts to Get You Ready for the Transition

Are you prepared for the transition to ICD-10? CMS has released a video with 10 facts about ICD-10 to get your practice ready for the upcoming transition.  

1) The transition date is October 1, 2015

2) ICD-10 has 68,000 codes

3) The process to look up a code is the same

4) Outpatient codes and office procedure codes use the same CPT codes

5) All Medicare fee-for-service providers will have a chance to test their systems with CMS before October 1, 2015

6) If your system is not ready to submit claims electronically by October 1, 2015, you can use ICD-10 codes with a free billing software, use the Part B submissions portal, or submit waiver claims

7) Only claims using ICD-10 codes will be accepted for services provided on or after October 1, 2015

8) Reimbursements for outpatient and physician office procedures will not be determined by ICD-10 codes

9) The cost of switching to ICD-10 may be lower than expected

10) Now is the time to transition to ICD-10! 

 

View the video below or click here.
 
This video was originally posted by CMS. 
By | 2017-02-23T21:39:41+00:00 July 21st, 2015|Articles, ICD-10, Industry Updates|0 Comments