Cloud-based expEDIum Medical Solutions have processed over 40k ICD-10 claims charges exceeding $5 million since Oct 1 successfully.
Bangalore (PRWEB) November 11, 2015
iTech, a leading SaaS based Healthcare Billing and Practice Management Solution vendor has successfully completed a month of ICD-10 transition. iTech's Cloud based solutions expEDIum Medical Billing and expEDIum Claims Portal have successfully processed over 40K ICD-10 claims with total charges exceeding $5 million since 1st October and over 10K claims have been paid so far with total payment exceeding $1 million, the remaining claims are accepted by the payers and they are in various stages of adjudication.
iTech clients and partners are happy with this smooth and successful transition without any disruption to their workflow and cash flow. We don’t see any impact on payment cycle so far, no difference on the amount paid by payers to ICD-10 claims with equivalent ICD-9 claims with same procedure codes except a few codes. There is no dramatic changes on rejections and denials so far.
iTech solutions will seamlessly support General Equivalence Mappings (GEMs), also known as crosswalks, for cross walking and to perform comparative analytics between claims carrying ICD-9 and ICD-10 codes in the future. For now, however, a free, simple, standalone crosswalk MS Excel tool to convert ICD-9-CM to ICD-10-CM codes and ICD-9-PCS to ICD-10-PCS codes and vice versa is available as a free download at http://www.itechws.com/downloads.shtml.
iTech’s expEDIum Solutions shall be supporting both ICD-9 and ICD-10 as long as it is needed.
iTech Solutions are hosted on the cloud and available for a monthly subscription. The solution supports both HCFA-1500 and UB-04 Claims on a single product.
Mr. Hari Gandham, Director Business & Product Development at MD-Reports, one of our EMR partners said "We are very pleased with the smooth transition of ICD9 to ICD10 by our Practice Management solutions partner, iTech. Our clients were adopted to this change with a stress free transition".
Infinite Software Solutions, Inc. have integrated software solutions for medical doctors. Founded in July 1997 by current President and CEO, Mr. Srikanth Gosike. MD-REPORTS, the flagship product was developed and launched during the year 2000. ISS, Inc. is a medical software solutions provider that designs, develops, markets and supports software related to image capture and medical reporting in niche markets.
Director Business & Product Development, MD-Reports
Manager, Customer Service/Interfaces, MD-Reports
A Product of Infinite Software Solutions Inc.
The Corporate Park of Staten Island
1110 South Ave, Suite #303
Staten Island, NY 10314
Phone : 718.982 1315
Fax : 718.477 3692
iTech Workshop is a leading software vendor along with their EMR partner in the public health clinic space in North Carolina, offers a HIPAA compliant SaaS based Medical Billing and Practice Management Software. iTech delivers a best of breed, cost effective and easy to use secure Healthcare Solution to Medical practices, Hospitals, Ambulatory Surgery Centers, EMS agencies, Billing service bureaus, IPAs, ACOs, TPAs, ASOs, and MSOs. iTech has over 1000 providers using our solutions.
iTech Workshop Private Limited
# 26A, 3rd & 4th Floor,
Krishna Reddy Layout, Domlur
Bangalore, India 560071
CEO, Executive Director