The one-year delay for ICD-10 implementation allows hospitals additional time to prepare and train staff on using the updated coding system. Although NextGen Inpatient Financials is ready to meet your ICD-10 needs, you may still have many questions surrounding the “truths” of ICD-10.
The CMS (Centers for Medicare and Medicaid Services) has recently released an ICD-10-CM/PCS Myths and Facts overview document1. (Document released in August, 2014.) This fact sheet attempts to sort out many misconceived notions that may have been spread to facilities.
For example, do you have the impression that the increase number in codes will make the new coding system impossible to use? Or, perhaps you’ve been told that ICD-10 is already out of date or was developed without clinical input? By reviewing the ICD-10-CM/PCS Myths and Facts overview document1, many of those misconceptions and fears can be eliminated. Please take a few moments to review this document in preparation of the upcoming October 1, 2015 deadline.
1 http://www.cms.gov/Medicare/Coding/ICD10/Downloads/ICD-10MythsandFacts.pdf