- Do not overbook yourself the last week of September, so that your staff will not be overwhelmed with the new ICD-10 codes.
- Keep a cheat sheet for common diagnoses.
- It is recommended that practices do 1 to 2 hours per week of dual coding to better acclimate the coders to the transition.
- Practices need to update their healthcare payer contracts so that they are aware of how they will be reimbursed for ICD-10 codes.
- It is important to identify who is documenting and recording medical codes.
- One must understand his or her financials to observe how ICD-10 is impacting his or her practice (especially look at your payer mix, accounts receivable cycle and denied claims).
- Retain your current coders and keep them satisfied.
Summary by Caroline Smith
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Caroline Smith is currently a senior at the University of Notre Dame and is a contributor to Medical Groups. She is majoring in Science-Business and Spanish. After graduation, Caroline plans on entering the field of healthcare consulting. She is most interested in the evolving policy changes in the healthcare industry and enjoys learning about new technologies that are being developed.