3. โข AMA estimates cost for 3-MD
practice = $83,290
โข You canโt budget for your
organization until you understand
what it will involve:
โข Conduct an impact assessment
โข Budget time and resources
accordingly
4. Impact Analysis
โข What systems / workflows does
ICD-9 touch today?
โข Who needs training?
โข Coders, billers, physicians
โข How will EHR adoption impact
practice mgmt., billing, coding,
reporting, etc.?
5. โข Budgeting may require you to
make educated guesses on
expenses that cannot be
calculated
โข Ex: Diminished productivity for
coders and providers during the
transition
7. โข Ask vendors about their ICD-10
prep and anticipated timelines.
โข Not confident your EHR vendor
will smoothly transition your
system to ICD-10?
โข Consider switching to an EHR
partner that is committed to
ensuring your success.
9. โข BCBS Association estimates coding
errors will increase 10-25% in 1st
year of transition
โข Improving clinical documentation
is one of the best ways to prepare
for the transitionโs impact on
productivity of physicians and
coders.
10. โข More codes means more
documentation
โข Documentation Considerations
โข Linking relevant conditions
โข Initial Encounter โ 7th
Character Extension โAโ for
Patient under Active Treatment
11. โข Documentation Considerations
โข Subsequent Encounter โ 7th
Character Extension โDโ for
Routine Injury Care during Healing
/ Recovery
โข Sequela โ 7th Character Extension
โSโ for Complications / Conditions
resulting from an injury (E.g., Scar
resulting from a burn)
12. โข Clinical Documentation Assessments
โข Do random samples support ICD-
10 coding?
โข Implement Documentation
Improvement Strategies
โข Train โ reassess โ train again
โข Appoint an ICD-10 Implementation/
Documentation Champion
14. โข The ICD-10 transition is likely to
cause disruptions in cash flow for
a number of reasons.
โข Clean claims may take longer to
be submitted due to
productivity declines.
โข Denials may spike due to
mapping or coding errors.
15. โข Take steps to protect cash flow
during the transition:
โข Budget for additional cash
reserves
โข Ask major payers about their
readiness to process claims
coded in ICD-10
16. โข Take steps to protect cash flow
during the transition:
โข Improve clinical documentation
to minimize denials
โข Plan your strategy to manage
denials before, during & after
ICD-10 implementation
18. โข Plan to conduct testing using the
ICD-10 codes as a critical step in
preparing your organization for
the ICD-10 transition.
โข Internal testing
โข External testing
19. Want to learn more
about ICD-10?
Watch a free recorded
webinar at
successehs.com/archived-
webinars.
20. Need a health IT partner
to help you achieve
success with ICD-10, Meaningful
Use & more?
SuccessEHS can help.
Visit www.successehs.com
to request a demo.