ICD-10 is one of the most far-reaching and complex regulatory mandates for U.S. healthcare organizations including providers, payers and other intermediaries like claims clearinghouses. It touches on almost every aspect of provider treatment and billing and payer claims processing. ICD-10 increases the 13,500 diagnostic codes under ICD-9 by five times to nearly 70,000 codes, and code structure from three-to-five predominately numeric characters to three-to-seven alphanumeric characters.
Industry experts predict that ICD-10 will surpass Y2K and HIPAA compliance in terms of time requirements, financial invest-ment, and the tech-nology changes needed to accom-modate conversion. Most importantly, not being in full compliance with ICD-10 by Oct. 13, 2013, will result in providers not being able to bill, submit, and receive payment for services and in payers not being able to receive and process claims.
CTG's understanding of the interrelationship between clinical, business, and technical processes and issues makes us an ideal ICD-10 compliance partner bringing the following experience and expertise:
- Deep experience with providers and payers providing solutions and services that impact ICD-10 including revenue cycle cash flow disruption risk mitigation strategies, staff education and training, changes in business process, impact to documentation, and IT system changes.
- Extensive work for nearly 50 clients in the electronic medical records (EMR) and health information systems (HIS) arena from September 2008 to October 2010. Many of these engagements supported ARRA/meaningful use requirements, enabling CTGHS to integrate ARRA and ICD-10 work in a seamless and cost-effective way.
- Expertise in assessments, remediation planning, systems integration and implementation for virtually every major healthcare and integration vendor including knowledge of clinical processes and coding.
Our broad perspective provides the full view of ICD-10 and its implications throughout the entire healthcare continuum. It also gives us the experience and expertise to offer our clients an integrated ICD-10 solution that addresses all the ICD-10 key impact areas.
For more information on ICD-10 Compliance workshops, contact us.
Read more on CTG's ICD-10 Services.