ICD-10 Claims Denial Risk Offset by Assured Return, Medical Practice Billing Expertise
Christopher J. Asterino2020-07-20T21:46:05+00:00Software upgrades to implement. Training classes to administer. Although your medical revenue cycle management faces several ICD-10 challenges that require tackling prior to the Oct. 1, 2014 “go live,” the biggest challenge may just be keeping the lights on in the months after the deadline. That’s because there’s also the worry about reduced productivity as clinical and clerical staff deploy a vastly different code set for filing claims. This can result from physician medical billing and coding errors, insufficient documentation and increased payer scrutiny of claims. Denial rates also may increase along with a corresponding increase in accounts receivable days. “The [...]