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ICD-10 and Medical Billing

ICD-10 and Medical Billing

October 1, 2015 was the deadline for all medical facilities to officially switch medical coding and billing to the ICD-10 format. ICD-9 coding had been used since the 1970s, with periodic updates and expansions to the coding used. In 1999, ICD-10 was published and many developed nations of the world began to adopt the format. …

Change in Billing Option Leads to an Increase in Medicare Spending

Change in Billing Option Leads to an Increase in Medicare Spending

A new study has found that a Medicare policy change which was intended to be spending-neutral in fact led to a 6.5 percent increase in spending on medical office visits during the year 2010. This measure, which eliminated a popular consultation billing option, has been tied to a resultant increase in billing by physicians for …

ICD-10 Push-back for Medical Billing Companies

ICD-10 Push-back for Medical Billing Companies

As we all know, the required and mandated transition to ICD-10 has been postponed. This, however, doesn’t mean waiting until the last minute to make the switch to an outside ICD proficient medical billing company is advised. With many providers long-time distracted by the incentives programs offered for EMR & EHR implementation, it’s easy to …