There are plenty of unknowns concerning the financial aspects of ICD-10. Transitioning to the new codes could be a disaster for some providers. However, those who take into careful consideration their current clinical documentation and coding shortfalls and adjust them for ICD-10 specificity could see an entirely different outcome.
Providers can achieve positive financial outcomes from their ICD-10 transition by "preparing, perfecting and protecting" during rollout, said David Van Doren of IOD, Inc., a company that offers healthcare information management solutions to providers.
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Source: Healthcare Finance News