Compliance on Oct. 1 required for claims to be paid
As of Oct. 1, 2014, you will be required to start using the ICD-10 code set. On this date, you will need to start reporting patient diagnoses, as well as submitting claims using this new coding standard. Physician practices, hospitals, Medicare, Medicaid, private payers, and clearinghouses will need to start using this new code set by this critical date. Failure to do so will result in significant financial disruption because claims filed using ICD-9 after Oct. 1 will be denied as unprocessable due to invalid codes.
What does this mean for my dermatology practice?
Don’t delay; act now to avoid problems. If your practice hasn’t initiated an implementation plan, now is the time. Consider the following 10 steps to make sure your practice is fully compliant: