Ebook Excerpt: Medical Billing Software and ICD-10
The following is an excerpt from our ebook, "Medical Billing Software and ICD-10: Everything You Need to Know".
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What is ICD-10 Compliance?
All medical practices in the United States utilize International Classification of Diseases (ICD) codes with medical billing software to ensure that everyone is using the same diagnostic codes to process patients’ claims.
The World Health Organization developed the ICD codes which it updates periodically. The upcoming version of the code, ICD-10, has already been adopted by most countries in the world. Initially the United States was slated to implement ICD-10 by 2014, but this deadline has been extended by a year to make the transition easier.
The current code set, ICD-9, is incapable of accommodating approximately 120,000 new codes which are organized into different categories and subcategories. Said differently, the number of numeric code possibilities is almost exhausted, resulting in the need for ICD-10 in which codes will have additional numerals.
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About Advanced Data Systems Corporation
Since 1977, clients have relied on the ADS team and our intelligent automation solutions and services. The MedicsCloud Suite, ADS’s latest generation of rules driven financial, revenue cycle, practice management, clinical charting and reporting, and mobility/engagement platforms, are used by clients to produce maximized revenue and efficiency for their practices, groups, and enterprise networks.
MedicsRCM (ADS RCM) is ideal if comprehensive outsourced revenue cycle management and billing services are preferred. MedicsRCM also uses the MedicsCloud Suite.