Question

The healthcare industry has already started to implement ICD-10. There were lots of challenges faced to transition from ICD-9 to ICD-10. These challenges include but are not limited to training, logistics, insurance company reimbursement methods, etc. Please discuss the major differences that are brought to the healthcare industry by the introduction of ICD-10. How has it helped the industry? What are the lingering challenges?

Answer 1

Major differences due to implementation of ICD-10 and how it helped the industry :

1. It has allowed to note the complex processes with ease and accuracy for the medical practices.

2. Due to dual coding system, Medicare and Medicaid services will be must better.

3. Clinical documentation and health IT departments will be improved.

4. Patient care, payment and reimbursement system will undergo changes and the quality of service in the health care industry will be improved.

Challenges :

1. Training the staff ICD-10 coding will be a challenge and time consuming.

2. Increased workload for the healthcare professional as they need to learn new implemented codes, patient charts and documentation proceedings.

3. Accounting workflow will get more complex and experience the blacklog during the information processing.