The Financial Implications of Poor Planning

By Melody Smith|February 23rd, 2012|Autoindexing, indexing, News|Comments Off

The October 1, 2013 deadline for ICD-10 coding classification transition could mean zero payments for some healthcare providers. The transition from ICD-9 to ICD-10 results in five times the number of procedure codes. Therefore, poor planning and training could affect the financials.

We found this topic on Information Week in their article, “ICD-10 Conversion: Do Or Die.” Access Innovations’ M.A.I. machine-assisted indexing system and specialists in complex coding, tagging, and indexing can minimize the risk of coding errors with proper training and quality assurance. Many widely used tagging systems lack the user-friendly interface and may not implement a rigorous ANSI-compliant coding subsystem. Access Innovations’ solutions are ANSI-compliant and implement state-of-the-art technology to speed tagging and reduce errors.

Melody K. Smith

Sponsored by Access Innovations, the world leader in taxonomies, metadata, and semantic enrichment to make your content findable.

About the Author: Melody Smith

Melody K. Smith has provided organizational, social media and digital communication services to a large non-profit for the past twenty years. Prior to that she championed employee engagement and communications in the healthcare field. She holds a Bachelors degree in Marketing. When not wrangling and writing TaxoDiary content for your reading pleasure, Melody writes fiction, rescues dogs and throws legendary dinner parties.

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The Financial Implications of Poor Planning