Archive for June 2023
2024 ICD-10-PCS Codes Released – New Technology Makes Up the Most of the Updates
CMS released the FY 2024 ICD-10-PCS file in June. With 78 new codes and five deletions, the total number of ICD-10-PCS codes for 2024 is 78,603. There were also 14 code title revisions. All these changes are effective on October 1, 2023.
Read MoreMastering MS-DRG Assignments to Enhance Reimbursements
Mastering DRG assignment is essential for hospitals and healthcare organizations to achieve optimal reimbursements and operational efficiency. Let’s explore examples of DRGs and introduce invaluable resources for selecting the correct DRG, including a DRG list and DRG assignment software.
Read MoreDNFB in Healthcare: It’s a Marathon, Not a Sprint
While every hospital CFO is justifiably concerned about their DNFB, all departments should work together to develop a trending tool as a means of gaining perspective on the long term. Treat your DNFB as a marathon, not a sprint.
Read MoreYES Reduces Client’s Radiology Coding Backlog by 86 Percent
Coding backlogs can lead to delayed reimbursements, increased claims denials, and potential revenue loss. This article reviews a recent case study conducted by our Outpatient Coding and Auditing teams, focused on reducing a client’s radiology coding backlog.
Read MoreNew Hire Onboarding Checklist for Welcoming Coders
In the fast-paced world of health information management, employee turnover can be high. It is imperative to establish a new hire onboarding checklist to facilitate their smooth integration into your organization and optimize their productivity.
Read MoreMaster the E/M Prolonged Services CPT Codes in Our Latest Refresh With YES Series
The Refresh With YES: CPT E/M Code Structure and Prolonged Services Learning Path discusses Evaluation and Management (E/M) coding guidelines, updates, and conventions, including the new and revised prolonged services CPT codes.
Read MoreWhy is Revenue Cycle Management Important in Healthcare? Your Guide to Ensuring Profitable Medical Coding Reimbursements
Healthcare organizations must enact steps to manage the revenue cycle process effectively and efficiently. Thankfully, there are revenue cycle management (RCM) systems and coding reimbursement specialists that rely on data analytics to help streamline the process.
Read MoreFlorida Bans Offshore EHR Storage: Implications for the Healthcare Industry
In a recent development, the state of Florida has enacted legislation banning the offshore storage of EHR. Beginning July 1, 2023, Florida healthcare providers are prohibited from storing patient records and data outside of the U.S., U.S. territories, or Canada.
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