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ICD-10: Final Preparation & What to Expect After Oct. 1 PRESENTED BY

NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

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Page 1: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

ICD-10: Final Preparation & What to Expect After Oct. 1

PRESENTED BY

Page 2: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

Today’s Agenda

2

Making the Most of Your Time

Ensuring Your Practice/Business is Ready

Identifying Payer Readiness

Handling Potential Issues After Oct. 1

Positive Impacts of ICD-10

ICD-10 Resources

Q&A/Wrap-Up

Page 3: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

ICD-10 Countdown

3

days hours minutes

0 5 0 9 5 3

Page 4: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

Cara Buckhaulter, CPC Billing Services Operations Manager at NueMD

Today’s Presenter

Page 5: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

Establish a team that includes members from all areas of your business including:

• Front Office Staff (Verification Specialist, Eligibility Checker)

• Nursing and Support Staff (MA, RN, LPN)

• Administrative Staff (Case Managers, Referral Coordinators)

• Providers (MD, DO, PA, NP)

• Billing and Coding Staff

• Finance Representative

Create a workflow for all processes that affect coding

and thoroughly test to ensure your process runs

smoothly.

Establishing an ICD-10 Readiness Team

5

Page 6: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

Have you contacted all of your Payers?

• When will they implement ICD-10?

• Will they have a dual coding submission period?

Establish a quick reference tool for Billing and Support

Staff where they can receive updates from Payers.

All Providers should be using the new CMS1500 format

and have paper claim forms on hand.

Utilize an ICD-9 to ICD-10 conversion tool, or have a

hard copy of the ICD-10 manual available for quick

reference.

Are You Ready?

6

Page 7: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

Are you aware of the major differences between ICD-9 and ICD-10 for your specialty’s top 25-50 diagnoses?

Is your entire staff at least familiar with ICD-10?

• New code format and the sets that make up the ICD-10-CM

• ICD-10 codes are 3-7 alphanumeric digits

• Digit 1 is always a letter

• Digit 2 is always a number

• Digits 3-7 can be a letter

or number

Are You Ready?

7

Page 8: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

Reminders for Front End/Billing/Coding Staff

8

Review claims logs and other claim submission reports on a regular basis for rejections or complications.

• This is the best way to detect potential hiccups with Payers.

Verify Claims created by Interface partners have

passed over Diagnosis Codes correctly/completely.

Expect to see a slower revenue cycle as your team

learns and begins using the new code set.

Not all Payers will be ready to accept ICD-10 codes

• If you see an unfamiliar denial message, be sure to contact

the Payer directly for additional information.

Page 9: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

Potential Issues

Be prepared for complications with…

• Payers

• Integrated Software Partners

• Clearinghouses

Issues you may experience include:

• Claim edits with Payers

• Appointment scheduling

• Correlation for lab testing, radiology, etc.

9

Page 10: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

Positive Impacts of ICD-10

As Payers phase out the use of unspecified codes, ICD-10 will allow for:

• Gathering of statistical data on patient populations

• Adjusting fee schedules to reflect a resource-related reimbursement method

Satisfy Meaningful Use Core Measures with ICD-10

Fewer requests for medical records to provide missing medical necessity.

10

Page 11: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

ICD-10 Resources

Road to 10: The Small Physician’s Practice Route to ICD-10

• Training

• Planning/Implementation

• Latest News from CMS

Page 12: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

ICD-10 Resources

ICD-10 Basics – Video Series

• What is ICD-10?

• ICD-10 Format

• Anatomy and Physiology

Page 13: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

ICD-10 Resources

ICD-10 Training Lab

• Code Search

• Codes by Specialty

• Training Games

Page 14: NueMD - ICD-10: Final Preparation & What to Expect After Oct. 1 Webinar...Positive Impacts of ICD-10 ICD-10 Resources Q&A/Wrap-Up ICD-10 Countdown 3 days hours minutes 0 5 0 9 5 3

Q&A