Almost in every state icd-10 has been implemented. The implementation of this medical coding has brought major change in billing industry. Let’s have a look at icd-10 medical coding structure. It has 3 to 5 digits. Digit 1 is a letter, 2 is a number and others 3 or 7 are either numbers or letters. Generally, all entities in United States currently uses ICD-9 version like hospital, physician’s office, medical companies and clearing house etc. This can not answered accurately till the last coding around 150,000 codes including CM and CPT codes. This system has introduced thousand of diagnosis and procedure codes for better specificity. So long as CPT codes are concerned, medical coding changes are made only to in patient hospital procedure where as outpatient and office procedure are not affected by icd-10 coding system. This medical coding has brought changes to medical and coding operation.
Icd-9 codes are limited in terms of specificity and reporting.
This new icd-10 medical coding has introduced new dimension of specificity to medical coding by providing accurate code for diagnosis and procedure. All types of medical institutions like big or small can avail this new version of medical coding. This new medical coding has multiple benefits. It helps in improving clinical documentation, improved quality in healthcare, control over healthcare fraudulent activities, interoperability with other countries, and great accuracy with fewer codes.
Medical coding is very important for preparing medical bills. A medical bill must be prepared with 100% accuracy so that the insurance company can not find out any dispute in the bill.
Medical bill has been framed for the welfare of people. With this medical bill, patients can apply medical claim from insurance company. The insurance company will first analyze the bill and then make the payment. If the company finds out any kind of dispute in the bill, the company may refuse to make the payment. Thus, it is really very important that the bill should be prepared with utmost caution and for that proper documentation is required which one can get by availing this new version medical coding system.
Icd-10 medical coding has been introduced in almost all the states and the medical institutions are getting huge benefits from it. It is providing huge benefits to medical professionals. Moreover it has put limitation on medical fraudulent activities. To get more information about it, one can take the help of internet. Internet is one of the sources from which one can get necessary information.