Despite warnings of calamities, implementation of the International Classification of Diseases (ICD)-10 on October 1, 2015, proceeded smoothly, with minimal impact on denied claims. In the fourth quarter of 2015, the percentage of Medicare claims denied was 10%, comparable to the preimplementation figure of 9.9%. But that doesn’t mean OR leaders should forget about coding; doing so translates into lost opportunities for enhancing revenue and tapping into a rich source of data. The number of codes is now more than 141,000, and several thousand more will be added in October 2016.
Editor's Note With several major gatherings planned for this spring—including…
A wave of policy and regulatory changes is shaking up…
Takeaways • Although the central tenets of value-based healthcare have…