Armed with a new study showing that anticipated ICD-10 compliance costs for physicians may have tripled since a similar study in 2008, the American Medical Association is asking the federal…
The 2014 updated cost summary can be seen below: Typical Small Practice Typical Medium Practice Typical Large Practice 2018 Estimate $83,290 $285,195 $2,728,780 2014 Estimate Pre-implementation costs Training $2,700 ‐…
ICD-10 implementation costs for physician practices are expected to be significantly more costly than previously estimated, according to an updated cost analysis report from the AMA (American Medical Association). The updated…
The costs to medical practices for implementing the International Classification of Diseases-10th Revision (ICD-10) coding system have been grossly underestimated, according to a recent study by Nachimson Advisors for the…
As we approach the ICD-10 transition deadline on October 1, 2014, members from all corners of the healthcare industry are busily preparing and testing for the upcoming roll out. From…
From patient accounting systems to sticky notes and "cheat sheets" posted in exam rooms, ICD-9 codes permeate the health care environment, translating the information in medical records to numbers on…
Mark your calendars -- the Centers for Medicare and Medicaid Services (CMS) announced it will conduct front-end testing of ICD-10 billing code submission between Medicare Administrative Contractors (MACs) and providers.…
One question we are asked a lot is "what are the approved manuals for the medical coding CPC exam from AAPC?" The most surprising "non change" is there is no…
AAPC has posted the findings of their annual survey of average salaries for medical coders and salaries continue to rise. The 2013 survey is quite revealing as some have the…
ICD-10 Is Coming This Year Many physician practices have avoided getting ready for ICD-10 (International Classification of Diseases, 10th edition) for a variety of reasons: • Some hope that the…
If you are a new coder looking to get your certification in 2014 take a deep breath! AAPC is not requiring you to be tested on ICD-10. ICD-9 is what…
We have nine months left to get our healthcare organizations ready for ICD-10 coding. There are going to be a lot of decisions made. Dual coding needs to be on…
For the past two or three years, surveys have all basically been the same. Filled with panic, confusion, distrust, and dismay, there is rarely anything positive to say about the…
There’s no way around it. To make the conversion to ICD-10 coding by the Oct. 1 deadline, dual coding needs to be on the list. This is when healthcare organizations…
Remember the new, uber-complicated system of medical codes coming soon? You know, the ones that will tell your insurance company whether this was the first, second or third time your…
I hate making predictions. Mostly because I'm not very good at it. So this is not the post full of predictions on ICD-10 deadline changes or how the ICD-10 implementation…