Total claims that were rejected due to invalid ICD-10 codes are 0.09 percent, compared to an historic baseline of 0.17 percent estimated during the agency’s end-to-end testing earlier this year. Claims that were rejected due to invalid ICD-9 codes are 0.11 percent, which also compared to the agency’s estimated 0.17 percent during end-to-end testing this year.
CMS said it has been carefully monitoring the transition and is pleased to report that claims are processing normally.
“Generally speaking, Medicare claims take several days to be processed and, once processed, Medicare must—by law—wait two weeks before issuing a payment,” the agency reported in making today’s announcement. “Medicaid claims can take up to 30 days to be submitted and processed by states.”
CMS said it would have more information on the ICD-10 transition in November.
