I was recently drafting content for four upcoming webinars AdvancedMD will be offering to help practices with their ICD-10 readiness. The theme for the series is “ICD-10 preparations for procrastinators”. I’m really excited that, as an industry, we are making strides toward ICD-10 and physician readiness is improving.
Yet, despite multiple delays and extensive testing measures, the past year or so has left many quite far from the mark. A little over a year ago the Medical Group Management Association published a daunting statistic on physician ICD-10 risk1, just prior to last year’s delay. The article claims that only 10 percent of physicians were ready for ICD-10. Now, 16 months later, WEDI claims that more, but still only a few, have taken notice: “More than 25 percent of providers said they expect to begin testing by the second or third quarter of 2015.2
We’re hoping that we can help improve these odds. AdvancedMD has been a technology leader in helping our clients prepare and successfully test for the upcoming ICD-10 crossover. And we’ve invested millions of dollars in engineering and product development to meet the requirements of each of the past CMS deadlines. We would like to reinforce our bullish position of helping private practices survive financially, despite constant regulatory shifts. We’ve assembled a few of many billing and coding products and resources we’ve made available in our Marketplace.
ICD-10 coding will become an integral and cognitive part of the reimbursement process. The primary goal of TCN is to help you optimize revenue and minimize compliance risk.
Find-A-Code is the leading online encoder preferred by small clinics and large facilities. Find-A-Code offers cloud documentation, coding, and reimbursement resources (especially for ICD-10) – providing an affordable, scalable solution for coders, billers, and providers.
3M ICD-10 Education Program
The 3M ICD-10 education program applies its focused, context-sensitive approach to the complicated world of ICD-10 coding. With 3M training, your staff can be prepared for the crucial scenarios your organization will actually encounter.
AAPC provides student training, certification, ongoing education, networking, and job opportunities. AAPC certifications encompass the entire business side of healthcare.
AdvancedMD Practice Management
AdvancedMD practice management software includes medical scheduling, billing, reporting and an entire suite of productivity-enhancement apps to help streamline the business side of your practice. Our billing platform is ICD-10 ready and you can dual code and test through our clearinghouse and your payers.
AdvancedMD ICD-10 Toolkit App
This iOS app lets you track your preparedness for ICD-10, compare ICD-9 codes with the ICD-10 equivalents, view potential risk assessments, use as a quick and convenient search for ICD-10 codes, add ICD-10 codes to charge slip templates, and view articles and action plans to guide your transition.
The AdvancedMD central billing office feature allows your medical billing company or multi-provider practice to improve billing operations for each provider, practice and location. The AdvancedMD billing software is ICD-10 ready and you can dual code in ICD-9 and 10 formats.
The AdvancedMD medical billing service gives you flexible software, insightful expertise and trusted experience at an affordable price – no matter your practice size.
1 Management Group Management Association. New MGMA research: industry coordination lagging; less than 10 percent of physician practices ready for ICD-10. Article pulled June 5, 2015.
2 HealthcareITNews. WEDI survey: ICD-10 readiness still underwhelms. Article pulled June 5, 2015