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With ICD-10 less than 5 months away health care organizations are facing the daunting task of being ready operationally and technologically for a change that impacts revenue cycle, clinical documentation, compliance and population health reporting.
Taking into account that the United States may be the only country in the world utilizing the ICD-10 code sets for clinical documentation and billing makes for a scenario of unexpected issues. System changes are difficult and when you change a system (ICD-9 code sets) that has been in place for over 20 years, productivity will slow. In Canada the medical coding productivity dropped 40% and the National Pilot Program saw a drop of 50%.
One area that healthcare organizations can control with ICD-10 is a partnership with a coding services organization to assist with the projected backlogs and productivity declines with ICD-10 medical coding. Unfortunately, the shortage of experienced, credentialed medical coders will create a waiting list for ICD-10 coding support. According to an AHIMA study, almost 25% of HIM respondents expected an increase in coding labor with ICD-10 which creates excess demand for skilled medical coders.
- ICD-10 Perfect Storm: Huge system change (ICD-10), shortage of experienced staff and 25% increased workloads.
Synernet recommends partnering with a coding services firm now for ICD-10 support. A proactive coding support plan will ensure your health care organization will have the medical coding capacity to handle the critical October 2013 – March 2014 ICD-10 implementation period.
To learn more about Synernet’s Coding Services and ICD-10 implementation, visit our website at www.synernet.net
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