Are you in tune with all medical coding updates pertaining to ICD 10 codes
? Are you gearing up for the transition? While you are preparing for the new system, it's important to look ahead at the benefits of adoption and how ICD-10 implementation will benefit the entire health care industry.
Here are some advantages of transitioning to ICD 10 codes
The new codes will provide more accuracy: Health care providers will have a better ability to correctly describe diagnoses, including documentation of new diseases and more precisely describing existing ones.
There will be room for expansion: While the present system is outdated and does not allow for growth, the new ICD-10 coding system has room to accommodate new codes and progress in the healthcare industry.
It will bring about international compatibility: For many years, other countries have been using the ICD-10 coding system. With its implementation in the US, there'll be a uniform medical coding system, which will make it much more easier to share health information and increase compatibility.
There will be more specific codes: The increased depth and specificity of the coding system will enable patients' records to be more clear-cut and detailed. The ICD-10 code set has been expanded and covers codes tailored to current times with new terminology and clinical concepts that are more relevant today.
There will be a decrease in errors made: With the new system in place, healthcare providers will have access to codes that describe their patient's diagnoses.
There will be shorter claim cycle: The increased accuracy of the codes can indicate that fewer claims are sent back with a request for more information.
For more information on ICD 10 codes and other medical coding updates, sign up for a one-stop medical coding website. Such a site offers ICD-10 bridge that'll help you make a smooth transition.