How to Make a Successful Transition to ICD-10 CM-How to Make a Successful Transition to ICD-10 CM Recording

Video Transcription

Video Summary

In this webinar, Amy Hayes discusses the upcoming transition to ICD-10 and provides guidance on how to prepare for the change. She explains that ICD-10 codes will be required for all U.S. healthcare entities beginning in October 2015. She outlines the structure of ICD-10 codes, with an emphasis on the need for laterality specificity for hearing professionals. She recommends updating super bills or charge slips to accommodate the longer codes and to ensure the inclusion of right, left, or bilateral designations. Hayes also highlights the importance of testing ICD-10 claims prior to implementation to ensure a smooth transition and to mitigate any potential delays or revenue loss. She advises practices to establish a cash reserve in case of delayed payments and to benchmark current performance metrics in order to assess the impact of ICD-10 on revenue. Hayes urges practices to communicate with payers to determine their readiness for ICD-10 and to work with software vendors to ensure compatibility. She also suggests seeking additional training resources from state or local associations and from the International Hearing Society. Overall, Hayes emphasizes the need for careful preparation and attention to detail in order to successfully transition to ICD-10.

Keywords

webinar

ICD-10 transition

preparation

ICD-10 codes

laterality specificity

super bills

charge slips

testing ICD-10 claims

revenue impact