Delay, or no delay? That was the question.
No longer, though – we now know there will be a one-year delay of ICD-10 implementation, with the new go-live date set for Oct. 1, 2015. A key focus for providers now is to adjust their implementation plans and schedules in order to get back on track for preparing for ICD-10.
This delay offers providers a real opportunity, from 2014 into 2015, to determine where they need to focus training of key staff members such as physicians, clinical documentation Specialists (CDSs) and coders.
Panacea has been helping its clients determine where they need to focus their documentation training.
"With budget limitations and staff stretched in so many directions, we have been looking for a way to drill down and focus and get this done," one customer recently remarked. "Panacea is helping us do that."
Our success has been a result of taking hospitals’ claim data and performing data analytics using GEMs (General Equalivency Mappings) technology, converting data coded in ICD-9 to ICD-10. We produce a comprehensive report set that we call I-10 FOCUS™. We analyze the data to determine where the most potential risk exists, also looking for areas of opportunity for improvement. The software program lets us drill down to the actual claims so we can review medical records to determine exactly what ICD-10 codes they will support. We then work with physicians and CDSs to educate them about documentation weaknesses. Physicians have been very receptive to the education we have been providing, particularly in sessions regarding specific matters (rather than general sessions in which they have to listen to ample information that isn’t pertinent to them).
Other benefits of Panacea’s I-10 Readiness Program are that we identify and address any ICD-9 documentation and coding gaps – knowing that with two more years of ICD-9 remaining, it is still important to maintain optimum coding quality and accuracy.
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