We believe that ICD-10 implementation is progressing through four phases that we will be monitoring: coding, reimbursement, process re-engineering, and quality. Overarching these phases is compliance.
We're also actively monitoring challenges taking place in ICD-10 coding. We believe that there will be an even greater need to monitor coding and education services since ICD-10 is so new. Moreover, we anticipate that there will be an increase in the use of computer-assisted coding (CAC). And we expect to see the results of that coding in the adjudication of claims that Medicare will reimburse shortly, although we are still several months away at this time.
When issues arise from reimbursement (denied claims), we expect that there will be a phase of system re-engineering to correct those contributory issues. This phase, an on-going phase, will be the focus on quality. Quality could mean the quality of coding as well as the quality of healthcare, which leads into value-based performance.
Looking to the future, we believe that our loyal audience will be most receptive to proven vendors seeking to showcase their ICD-10 experience and products.
We're moving forward.
Thank you for your continued support.
Chuck Buck
Publisher
ICD10monitor