George B. Breen, Chair of the firm’s National Health Care and Life Sciences Practice Steering Committee, will co-present “Opportunities and Obstacles: Preparing for the Transition to the ICD-10 Code Set,” a webinar hosted by Bloomberg BNA.
With just a month until the transition to the ICD-10 code set, the health-care industry is grappling with adopting new technology and making last-minute preparations. The switch to ICD-10 also presents new opportunities to increase productivity and improve patient health.
Providers have several concerns about ICD-10, including how it will affect their reimbursements. Health-care professionals are also going to have differences over what constitutes the correct diagnosis code under ICD-10, which might also negatively impact reimbursement. The International Classification of Diseases is a standardized coding system used by providers for identifying illnesses and treatments, as well as for reimbursement.
ICD-10 updates health-care diagnoses and procedure codes from the currently used 13,000 in ICD-9 to 68,000, and will be required for all entities covered under the Health Insurance Portability and Accountability Act.
For more information, visit BNA.com.