End of ICD-10 Grace Period: What the Data Reveals

We’re well into the new year, and roughly five months into the post-ICD-10 grace period. While data is still rolling in, what is the data revealing with respect to claims so far? Overall, things are going very well. Providers appear to be getting paid faster, with fewer denials, and are realizing lower processing time. Total… Read more »

Happy Holidaze: Be Sure Your ICD-10 Code Book is Close By

Season’s greetings to all! As we enter the busy holiday season, you are sure to begin seeing an uptick in patient visits. You may want to be on the lookout for the following ailments: As you close out the books to a successful, though likely challenging 2016 due to ICD-10, we’d like to offer a… Read more »

Fall is Football Madness: Make Sure You’ve Got the Right ICD-10 Code for That

Go…Huskies! Bobcats! Tigers! Or…insert your favorite football team here. Wherever your allegiance lies, just be sure that when patients begin to flood your lobby with suspicious injuries, conditions or illnesses you’ve got your ICD-10 code book handy to properly treat, code and bill accurately. Whatever ailments you’re starting to see, many of the above are… Read more »

ICD-10: The One-Year Mark, and Preparing for End of Grace Period

Happy anniversary! Or perhaps we should say congratulations for making it through the first year of ICD-10. If your organization reflects what our data is revealing, the past 12 months have likely been relatively uneventful. Taking a look at our data, we are continuing to see a steady decrease in claims processing and payment velocity…. Read more »

Pokemon Go: There’s an ICD-10 Code for That?!

  It’s been all the rage this summer. Unless you’ve been living under a rock, you know what we’re talking about: Pokemon Go, the most successful mobile game ever in the U.S. based on peak daily active users. The busiest day for Pokémon Go in the U.S. was likely July 14, when SurveyMonkey estimated that just over… Read more »

ICD-10: June Year-Over-Year Report

While we presented the mid-year report card which included June 2016 data based on date of service, we thought it would be interesting to compare June 2016 with stats from one year ago, based on check date. This will illustrate how the industry is doing based on claims processed in June. Here’s what we found:… Read more »

ICD-10: 2016 Mid-Year Report

Good news on the ICD-10 front, the data continues to reveal a decrease in claims processing and payment times. At the mid-year mark, our data is reflecting a steady decrease in claims processing and payment velocity. Reviewing average processing time from January 2016 through mid-June 2016, we are noting that: Average staff processing time has… Read more »