The Delay Can Be Costly

June 6, 2012 / Melody Smith / Comments Off on The Delay Can Be Costly

The ICD-10 debate rages on. Will it remain a one-year delay, or will the AMA win with the two-year delay argument? One healthcare veteran believes this controversy places perspective on the situation, as well as some validity.

Healthcare Finance News inspired this topic by their article, “ICD-10 contributes to healthcare industry’s ‘evolutionary process’.” ICD-10 can be beneficial to healthcare providers and payers, but it is a financial drain. In the end, the new coding classification system will have five times the number of billing codes, which only adds to the seriousness of this transition.

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 a 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 Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.

Posted in , ,

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.