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Healthcare payers report smooth ICD-10 transition so far

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ICD-10ICD-10 — So far so good

Healthcare payers are talking a bit about how they’re handling ICD-10. Before Oct. 1, it was understood that the larger healthcare providers with abundant resources were the most prepared for ICD-10 implementation. It looks like the same can be said for healthcare payers. The bigger payers are in better shape. Apparently some of the smaller ones had to switch back to ICD-9 codes for processing medical claims. That doesn’t explain why California’s Medicaid system has to crosswalk submitted ICD-10 claims to ICD-9 codes to process reimbursements. That is not a small payer. There is one thing that healthcare organizations can agree upon; we will have a clear picture of denial rates soon. For clearinghouses Navicure and eMDs, the ICD-10 transition is smooth. But two unnamed smaller insurers had to revert back to ICD-9 codes because of system failures. Read more at ICD10Watch.com
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PracticeAdmin’s cloud-based medical billing and practice management (SaaS) solutions provide billing companies and medical practices with a powerful platform to manage patient data and claims. It integrates with leading EMR and EHR systems and is an efficient and cost effective system for scheduling patients and performing complex medical billing.

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