ICD-10 & Cash Flow: What Denials Are Ahead?

ICD-10 promises to be one of the biggest medical coding updates in memory. Industry forecasters promise clinical documentation shortfalls, staff productivity losses, spotty vendor readiness, claim payment sluggishness and, at the end of this long line of performance pitfalls, we have been advised to expect double-to-triple increases in claim denials. Of course, preparations have been extensive. However, many medical financial officers are now saying the "unknowns" are among their last minute concerns and one of those big unknowns is what our denial rates will look like and how can they be resolved . . . .. . . . (to read the remainder of this article, please log in below.)