Be Prepared to Transition to ICD-10
Be Ready, Willing, and Able to Shift to ICD-10
Are you ready to roll out a whole new code set? ICD-10 is an updated code set used to report medical diagnoses and inpatient procedures. Set to replace ICD-9 on October 1, 2014, all healthcare providers must be fully prepared to transition to ICD-10. While this conversion may appear overwhelming, be assured that all gMed solutions are ICD-10 ready to provide a smooth and seamless transition. gMed also provides the transition support and training you need to ensure that your practice is ready.
How ICD-10 Will Impact and Improve Your Practice
While change can be challenging, change is good in the case of ICD-10 because it will bring many benefits to your practice, your patients, and the entire healthcare system. It is designed to improve patient care with its detailed ability to measure the quality, efficacy, and safety of care. Looking forward, it will advance the future of healthcare by enhancing research and health-policy decisions. As a means for better management, ICD-10 will improve your clinical, financial, and administrative performance in a variety of valuable ways. It will reveal important insights about your practice to help you make more informed decisions. It will allow for better resource allocation by tracking the time spent on procedures and processes. It will also increase the timeliness of payments by reducing claim denials due to incorrect coding. Altogether, ICD-10 will be a change that lets you crack the code to a more productive and profitable practice.
To learn how to easily transition to ICD-10, please visit https://www.cms.gov/Medicare/Coding/ICD10/Downloads/ICD10_Introduction_060413.pdf