ICD-10 is Here: 5 Tips to Help You Transition
October 1, 2015, was the deadline to transition your practice to using ICD-10 codes. You and your staff likely worked long days to get everything ready and you spent many hours on the phone with your vendors and other parties to try to make it run as smoothly as possible. You feel like you made it past that first hurdle, but now you’re worried about glitches and learning curves slowing things down. To help you breathe a little easier, COA has developed a list of tips and guides that will hopefully reduce the number of bumps and bruises you get as you and your staff gets used to this new coding method.
While you hope that everything will run smoothly, having a contingency plan is a good idea. Since claims and money could be delayed, it is important to have cash ready to compensate for potential short-term cash flow interruptions. Some doctors are establishing a line of credit with their banks just in case they see a significant drop in revenue due to the potential disruption in the payment cycle.
Finally, remember to be patient with your staff. Claims are likely to initially take longer to process in part because your staff, like you, will be getting used to the new coding method and all of its nuances. This is a stressful situation for everyone involved, but if you are patient and encourage them often, it will be easier and more pleasant for everyone. |