The healthcare field is ever-changing and constantly evolving to finds new ways that will make processing information easier, and this instance is no different. As we all may have experienced at one point or another, the amount of information that insurance companies need to collect to process an order can be time consuming and hectic, however the healthcare field is working to change this with the switch from ICD-9 codes to the new and improved version, ICD-10.
Accommodating Growth in the Healthcare Industry
To accommodate the significant growth of the healthcare industry in recent years, insurance companies, along with healthcare officials, worked to develop a process that will expand, yet simplify the current ICD-9 method. The ICD-9 codes that are currently used to diagnosis patients have increasingly become restrictive and outdated, and with the implementation of the new ICD-10 system, the use of these ICD-9 codes will soon be obsolete.
Already put to use in offices across the country, ICD-10 has quickly become one of the largest changes in recent history for the healthcare industry, and is scheduled to go into full effect later this year. Compared with the 13,000 codes utilized in the ICD-9 system, ICD-10 will provide the industry with over 68,000 codes to better diagnose each individual.
What Do These New Codes Mean?
These added codes will be able to break down each diagnosis so specifically that insurance companies will actually be able to determine what exact part of the body the illness is affecting by simply reading a number.
Because insurance companies need specifics before they help with payment, ICD-10 covers every question that could be asked in a patient’s evaluation and codes each answer. Here is an example of what your staff could expect to see.
Simplicity is Key
Although ICD-10 may sound more extensive and complicated than the ICD-9 process, it will actually help to simplify the healthcare field in terms of specifically diagnosing patients like we haven’t seen before.
Several websites go into greater detail explaining and dissecting these new ICD-10 codes. The Medicaid website is a great tool for specific information comparing ICD-9 and ICD-10, and can also provide training for your staff.
In the future your offices will begin to see changes to order forms that will be compatible to these ICD-10 codes. If you have any questions about ICD-9 to ICD-10 conversions, please reach out to your individual sales representative, or call one of our customer service representatives at 888-345-1780.