Live ICD-10: Key actions for practices to prepare for the regulatory mandate
As the ICD-10 deadline approaches, physicians need to ensure they are prepared for it to prevent disruptions in claims processing and reimbursement. The AMA is well aware of the concerns by physicians about the costs and burden of ICD-10 and has advocated strongly for over a decade to stop it. Physicians, however, need to be prepared for ICD-10, in case it is not stopped or further delayed.
Nancy Spector, Director of Electronic Medical Systems at the American Medical Association (AMA) and Stanley Nachimson, Nachimson Advisors LLC will begin with a brief overview of the status of ICD-10, its requirements, and AMA’s advocacy efforts related to ICD-10. They will then go in depth discussing the work practices need to do for testing ICD-10, including the types of testing, practice resources needed to complete the testing, and expected outcomes from it. They will also provide details on activities practices should consider during the transition to ICD-10, including talking to key payers about back-up plans, monitoring revenue cycle data, and maintaining practice sustainability if issues arise.
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