Stand to Gain from ICD 10 Codes

It is important to look ahead at the benefits of adoption and how ICD-10 implementation will benefit the entire health care industry.

medical coding updates, ICD 10 codes, ICD-10 bridge

Are you in tune with all medical coding updates pertaining to ICD 10 codes? Are you gearing up for the transition? While you are preparing for the new system, it's important to look ahead at the benefits of adoption and how ICD-10 implementation will benefit the entire health care industry.

Here are some advantages of transitioning to ICD 10 codes

The new codes will provide more accuracy: Health care providers will have a better ability to correctly describe diagnoses, including documentation of new diseases and more precisely describing existing ones.

There will be room for expansion: While the present system is outdated and does not allow for growth, the new ICD-10 coding system has room to accommodate new codes and progress in the healthcare industry.

It will bring about international compatibility: For many years, other countries have been using the ICD-10 coding system. With its implementation in the US, there'll be a uniform medical coding system, which will make it much more easier to share health information and increase compatibility.

There will be more specific codes: The increased depth and specificity of the coding system will enable patients' records to be more clear-cut and detailed. The ICD-10 code set has been expanded and covers codes tailored to current times with new terminology and clinical concepts that are more relevant today.

There will be a decrease in errors made: With the new system in place, healthcare providers will have access to codes that describe their patient's diagnoses.

There will be shorter claim cycle: The increased accuracy of the codes can indicate that fewer claims are sent back with a request for more information.

For more information on ICD 10 codes (http://www.supercoder.com/coding-newsletters/icd-10-coding-alert) and other medical coding updates, sign up for a one-stop medical coding website. Such a site offers ICD-10 bridge that'll help you make a smooth transition.