November 2011
  Fourteenth Edition
 
 
ICD-10 Transition: A Never-Before Career Opportunity
Many organizations affected by transition to ICD-10 have recognized the critical role that training and early preparation will play for a successful transition to ICD-10 on October 1, 2013. A good and strong start will lead to successful training. For a smooth transition, both inpatient and outpatient coders, clinical documentation improvement (CDI) specialists, and professional coding staff need to start training early to have time to master the intricacies of ICD-10 and get enough practical experience well in advance of implementation.
Now, Forbes magazine has acknowledged the degree of impact ICD-10 will have on the healthcare industry, as reflected in this article. They have also noted the training offered by ICD-10 Coders Academy; click on "schools, some online" towards the end of the article.
Click here to read the Forbes Magazine article in full.
Excerpt from the above article:
It's not unlike how computer programmers were needed to prepare for Y2K–except that ICD10 is really happening. I've heard from reliable sources that as it gets closer to the October, 2013 switchover an experienced ICD-10 coder will command $60,000 to $80,000 a year–and get multiple offers
ICD-10 Coders Academy's mission is to impact the industry as the training company of choice for ICD-10 Training and high level Certification. We invite you to explore our offerings and enjoy the benefits that ICD-10 preparedness and certification have to offer. Please email info@icd10codersacademy.net or call 970-507-1188 for more details.
We are currently seeking Authorized Resellers all over United States to spearhead our ICD-10 Training and Certification initiatives. To read more about our Reseller Program or if you are interested to become/refer one, please click here.
Is Your Clearing House Prepared for 5010?
We are only two months away from transition to HIPAA 5010; practice must make sure that their health information technology vendors will be ready for change. While every vendor must take specific test to test their readiness, clearinghouse had faced challenges of ensuring that claims submitted will cross smoothly between payers and practices. From January 1, 2012, providers, payers, and clearinghouses must be using the new standards exclusively. By this time, most of the facilities must be at the last stage of transition as the testing must have been done, training of the staff is completed and any internal or external problem must have been ironed out.
The testing is done after you have completed your internal testing and will verify that the transactions are working and compliant HIPAA transactions. The process usually involves sending test files of 5010 transactions. The testing service will analyze the files and send you the results to show what, if any, issues were found in the files. The practice ensures payment and cash flow will not be interrupted after January 1, 2012.
Coding Of Acute Myocardial Infarction: ICD-10-CM
The transition from ICD-9 to ICD-10 is expected to bring more accuracy in coding, precise reporting of diagnoses, more data granularity, and better data outcome for research purpose on one hand but, there are other factors that will haunt the work flow. One of those is the number of codes required to code a condition. Some of the conditions that were coded with only one code in ICD-9-CM may be reported with more than one code. Ultimately, the average time required to code a medical record is expected to increase by an average 50% or more per code. Coding of Acute Myocardial Infarction is one such example.
The difference in the guidelines of Acute Myocardial Infarction coding in ICD-9-CM and ICD-10-CM are to be carefully understood and coding with ICD-10-CM should be thoroughly practiced by the coders well before the deadline.
Even though the basis of categories of AMI in both ICD-9-CM and ICD-10-CM are same such as categories in both identify the site of the infarction such as anterolateral wall or true posterior wall, etc., but there are changes in the guidelines. The habit of using ICD-9-CM guidelines is to be stopped suddenly from October 1, 2013.
 
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