ICD-10 Countdown:
Get Ready or Get Fined -- That's the CMS Message
Published on Tue Nov 08, 2011
Explore 6 FAQs to ramp up your ICD-10 coding know-how.Denials aren't the only thing you have to fear if your practice doesn't implement ICD-10 by the Oct. 1, 2013 deadline. You could face fines, too, according to CMS. Based on comments from CMS representatives in recent CMS ICD-10 teleconferences, we've broken down six FAQs that promise to help you ramp up ICD-10 coding for your ophthalmology practice.Prepare for Medicare and Other PayersCMS has no intention of delaying the implementation of ICD-10 beyond the Oct. 1, 2013, date, according to CMS's Kyle Miller. However, not all entities are prepared for the conversion, he noted.Question 1: Only entities covered by HIPAA must make the transition to ICD-10 -- does that mean workers' compensation insurers will still use ICD-9, even after the rest of the industry transitions to ICD-10 on Oct. 1, 2013?Answer: The response to that is unclear, but CMS has heard murmurs [...]
