While not every policy alteration by the Centers for Medicare & Medicaid Services (CMS) grabs headlines, it’s often these less-publicized changes that lead to the most billing complications. Here are a couple of recent adjustments made by CMS that you might have overlooked. New Place of Service Code CMS introduced a new Place of Service […]
With Halloween right around the corner, be on the lookout for some of these incidents that may require new ICD-10 codes. ICD-10 CM Code W49.01 – HAIR CAUSING EXTERNAL CONSTRICTION W49.01XA is a billable ICD code used to specify a diagnosis of hair causing external constriction, initial encounter. A ‘billable code’ is detailed enough to be used to […]
The Centers for Disease Control and Prevention (CDC) has recently unveiled the ICD-10-CM code updates for the fiscal year 2024, effective since October 1, 2023. This comprehensive update encompasses a staggering 433 changes, including 395 additions, 25 deletions, and 13 revisions, resulting in a total of 78,044 codes within the ICD-10-CM set for FY 2024. […]
As we approach the year 2024, it is important for healthcare professionals to stay up-to-date on the latest coding updates for outpatient surgeries using the International Classification of Diseases, Tenth Revision, Procedure Coding System (ICD-10 PCS). These updates are crucial for accurate and efficient billing, reimbursement, and data analysis. The following is a summary of […]
Medical coding plays a crucial role in managing the administrative aspects of your organization. It’s evident that without precise medical coding, obtaining reimbursement from insurance companies and third-party entities becomes a challenge. Both under coding and over coding can lead to revenue losses for your organization. While there are avenues for appeals in case of […]
In the intricate realm of healthcare, where patient well-being is paramount, the financial dimension often receives less attention. Yet, it’s imperative to recognize that healthcare encompasses not only patient treatment but also ensuring fair compensation for healthcare providers. Precise medical coding is a cornerstone of this endeavor. This piece delves into the profound importance of […]
The user-friendly descriptions associated with the over 11,000 Current Procedural Terminology (CPT®) codes are integrated into various medical documents, insurance forms, price lists, and patient portals. They serve as crucial references for numerous hospitals, health plans, and medical offices. To address language barriers, the recently released 2024 CPT code set now incorporates these descriptors in […]
The fiscal year 2024 ICD-10-CM codes have recently become active, and they will have an impact on your reimbursement. Earlier this year, CMS announced the incorporation of 395 fresh diagnosis codes, removal of 25 codes from the diagnosis set, and modification of 13 codes— all of which became effective on October 1. A substantial portion […]
Everyone desires to receive fair compensation for their hard-earned efforts. However, inaccuracies in coding and other procedural missteps can inadvertently diminish your earnings. Explore these strategies to boost the revenue of your dental practice. Have you noticed that you’re putting in extra hours but not seeing a corresponding increase in pay? Imagine working 10 hours […]
Curious about the upcoming procedure codes for the new year? Your curiosity ends here! The CPT® 2024 update will incorporate 153 fresh codes dispersed throughout the code book. These additions encompass various sections such as Evaluation and Management, several Surgery subsections (including Musculoskeletal System, Respiratory System, Cardiovascular System, Urinary System, Female Genital System, and Nervous […]