ICD-10 Assessments today need a faster start because there is less time to spare to get ready for the October 1, 2014 deadline.
In addition to our ICD-10 Assessment program, we recommend starting with senior leadership training including C-Level executives, and physician training, combined with analytics that rapidly assess the highest risk areas of the organization, clinical documentation, and physician – coder interaction. Determining where the ICD-10 reimbursement risks are may depend mostly on whether your current documentation supports the extra specificity required. Knowing who to train (and we are not just talking about ICD-10 coders) is extremely important and missed by most organizations.
What you don’t know can hurt your reimbursement if you are a provider, and put you at risk of fines if you are a payor. For most health care providers, we see many missed opportunities to prepare for ICD-10 by improving the clinical workflow and problem lists. In fact, many electronic medical records systems encourage less specific documentation – that sends you in the wrong direction.
So today, ICD-10 assessments must prioritize the most important components first. Coder training is obvious but there are several other areas of ICD-10 that ren’t necessarily IT related that should be examined.