The switch to ICD-10 codes will help all medical practitioners provide medical coding more accurately when it comes to treatments and procedures. The result is going to be better patient care, quicker reimbursements, and fewer denials.
Denville, NJ (PRWEB) May 29, 2013
Come October 2014, medical billing and coding, the process of submitting and following up on claims to insurance companies in order to receive payment for services rendered, is going to be played to a new set of rules -- to a new set of codes.
International private practice marketing expert and licensed physical therapist, Nitin Chhoda, says that the switch to ICD-10 codes will help all medical practitioners provide medical coding more accurately when it comes to treatments and procedures. The result is going to be better patient care, quicker reimbursements, and fewer denials.
The introduction of EMR (electronic medical record) will present another level to the billing and medical coding process as well. EMR maintains and keeps detailed records of tests, procedures, examinations, diagnoses and treatments conducted on patients. This medical information combines with the patient’s policy details, forming a complete medical record that is used to generate bills. Whatever changes in the billing, practices will need to be updated. New codes will be added to existing billing software that is already in use.
“Most medical office managers, hospital administrators, or individual doctors maintaining their own practices dread even the thought of having to update software or computer hardware. To implement coding and billing changes is as almost the same as having a root canal,” Chhoda said.
All coding changes will have to done and updated by October 2014. Now is the ideal time to consider a complete upgrade for both EMR and medical billing software, and if the need arises, hardware upgrades are to be considered as well.
Chhoda’s office can be reached by phone at 201-535-4475. For more information, visit the website at http://www.emrnews.com.
About Nitin Chhoda
Nitin Chhoda PT, DPT is a licensed physical therapist, a certified strength and conditioning specialist and an entrepreneur. He is the author of "Physical Therapy Marketing For The New Economy" and “Marketing for Physical Therapy Clinics” and is a prolific speaker, writer and creator of products and systems to streamline medical billing and coding, electronic medical records, health care practice management and marketing to increase referrals. He has been featured in numerous industry magazines, major radio and broadcast media, and is the founder of Referral Ignition training systems and the annual Private Practice Summit. Chhoda speaks extensively throughout the U.S., Canada and Asia. He is also the creator of the Therapy Newsletter and Clinical Contact, both web-based services to help private practices improve communication with patients, delivery better quality of care and boost patient retention.