By Lisa Kropp, Coding and Credentialing Manager
Last Call for ICD-10
- It is predicted that the ICD-10 transition will make a significant impact on cash flow due to delayed payment and claims adjudication. Although testing occurs, the industry cannot be certain that claims will process as correct and timely as they do now. Therefore, it is our recommendation that every practice ensure cash reserves and lines of credit are available to keep your practice operational for 3-4 months in the event there is a disruption in cash flow due to delayed payments and/or denials.
- Billing Clients: Practicefirst will expect all dates of service 10/1/2015 forward to contain ICD10 diagnosis codes on your billing sheets. Any claims submitted with ICD-9 codes will be returned to the office for correction.
- Coding Clients: Practicefirst will continue to be a resource for questions. Training has occurred either in person or via telephone. If you have not received your session, you must contact PF at 716.834.1191.