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Physician Revenue Solutions provides comprehensive revenue cycle management services for ambulatory medical practices. We serve as a trusted billing advisor and seamless extension of your practice, giving you the freedom to focus on patient care.

Coding Changes – What You Need To Know

There is a new International Statistical Classification of Disease (ICD-10) which replaced ICD-9 on October 1, 2015. This change updates recording of the coding needs in medical billing by adding more classifications, but does require some getting used to and may require some necessary steps by coding experts in order to have their medical insurance claims filed and processed. Physician Revenue Solutions offers an easy to use code conversion tool to assist with this transition on the website. It allows you to easily convert ICD 9 codes to the most updated corresponding ICD 10 codes.

How can this affect your practice?

These new ICD-10 codes are detailed and relate to anatomy, diagnoses, conditions and treatments. The information gathered will aid in the improvement of healthcare performance and allow for proper processing of claims. Thankfully the right tools are easily accessible for you to be able to submit claims with the proper codes in place.

What you Should Do:

There are still online webinars you can review in order to gather the information needed to see how ICD-9 translates to ICD-10. Once you review these webinars you will see the new complexities that are in place regarding ICD-10 which thankfully is an easy conversion away from making your life just as easy as before.

Our certified professional coders continue to provide ongoing training programs to ensure you can easily make the transition needed from one coding matrix to the next. We have upgraded our IT infrastructure to meet the new ICD-10 and HIPAA compliance regulations. Our team continues to develop new conversion tools which can help you process claims easier.

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