As the medical billing "apocalypse" seems to be blowing over as reports of the new ICD-10 system point to an easy transition. "Health care providers were concerned that they might choose the wrong codes and might not get paid by insurance companies — at least not promptly — as a result. But after more than a month, the new system is working “surprisingly well,” according to Barbie Hays, coding and compliance strategist for the Leawood-based American Academy of Family Physicians..." [ Read the story here ]
Richard Averill weighs in on the implementation of ICD-10 and the benefits he's seen so far. "While the transition itself was viewed as disruptive and time-consuming at a time when healthcare organizations already were burdened with additional requirements, nevertheless, many healthcare leaders see the transition as a major milestone in the evolving transformation of our 21stcentury healthcare delivery system..." [ Read the story here ]
"The home health care market is rapidly changing. The Affordable Care Act and competitive bidding have brought new regulatory challenges to the HME/DME marketplace. The pressure to compete has driven many small dealers out of business—and driven others to the top of their game through focusing on cash sales..." [ Read the story here ] Are you looking for help navigating the ever changing health care market? Noble House's - Noble*Direct medical billing software can save you time and money, streamlining your business.
Are you looking for an ICD-10 solution for your business? The HME/DME medical billing professional software, Noble*Direct, can streamline your business practices, and allow for more time with your patients. What do you need to know about ICD-10?
After some worry with the newly implemented ICD-10 coding system, it seems the worry has blown over. "ICD-10, more formally known as the 10th version of the International Statistical Classification of Diseases and Related Health Problems, was imposed by the Centers for Medicare & Medicaid Services (CMS). Starting October 1, CMS began requiring medical workers to use codes from among the 150,000 available for diagnosis coding, procedure coding for inpatient services, and other health services. Oubre said staff in her clinic were well prepared for the changeover from the older, smaller set of medical codes known as ICD-9 and that the numbers on payer rejections or denials were no worse in October than they [...]
Whether your business can benefit from precision analytical tools, document imaging, inventory control, or billing management; Noble House is the professional team that can lift a weight off your shoulders. Our revolutionary Noble*Direct software is available as a free demo today for you to try! Learn more about our HME/DME solutions.
Centers for Medicare and Medicaid Services (CMS) has announced that about 10% of ICD-10 codes submitted are rejected, but only a fraction is due to coding mistakes. "Invalid ICD-10 codes were the basis for rejecting .09 percent of claims, and .17 percent of total claims submitted based on end-to-end testing..." [ Read the story here ]
Come visit Noble House at The Medtrade Expo in Atlanta, Georgia. From now until Thursday (10/27 - 10/29), the medical software leaders will be demonstrating the new Noble*Trax extension to their time saving, industry leading software - Noble*Direct. Find us at booth #2536.
The analytical and billing management leaders at Noble House will keep you up to date on the latest HME/DME, medical billing, and health news on the internet. Follow us on Facebook and keep up to date with the latest updates for our revolutionary software, Noble*Direct. Try our free demo today!