Medical coding news
Here are some recent medical coding news and updates:
ICD-10-CM/PCS Updates
- The Centers for Medicare and Medicaid Services (CMS) has released the final rule for the ICD-10-CM/PCS updates for 2023. The updates include new codes for COVID-19, as well as changes to the coding guidelines and instructions. (Source: CMS)
- The American Medical Association (AMA) has released the 2023 Current Procedural Terminology (CPT) code set, which includes new codes for COVID-19 vaccines and treatments, as well as updates to the coding guidelines and instructions. (Source: AMA)
Regulatory Updates
- The Centers for Medicare and Medicaid Services (CMS) has released a final rule updating the Medicare Physician Fee Schedule (MPFS) for 2023. The rule includes changes to payment rates, quality measures, and other policies. (Source: CMS)
- The Office of the National Coordinator for Health Information Technology (ONC) has released a final rule updating the Health IT Certification Program, which includes changes to the certification criteria and testing requirements for electronic health record (EHR) systems. (Source: ONC)
Coding Guidelines and Resources
- The American Academy of Professional Coders (AAPC) has released a new coding guideline for coding COVID-19 vaccines and treatments. The guideline provides detailed instructions and examples for coding these services. (Source: AAPC)
- The Centers for Disease Control and Prevention (CDC) has released a new coding guide for coding COVID-19 cases. The guide provides detailed instructions and examples for coding COVID-19 cases, including the use of ICD-10-CM codes. (Source: CDC)
Industry Trends and Insights
- A recent survey by the Healthcare Financial Management Association (HFMA) found that 71% of healthcare organizations are experiencing coding and billing challenges due to the COVID-19 pandemic. The survey also found that 62% of organizations are using artificial intelligence (AI) and machine learning (ML) to improve coding and billing accuracy. (Source: HFMA)
- A recent report by the Medical Group Management Association (MGMA) found that the average medical practice spends 12.4% of its revenue on coding and billing services. The report also found that 62% of practices are using outsourcing services to manage their coding and billing needs. (Source: MGMA)
Coding Education and Training
- The American Health Information Management Association (AHIMA) has launched a new online coding course, which provides training on ICD-10-CM/PCS coding and coding guidelines. The course is designed for healthcare professionals who need to learn coding skills or improve their coding knowledge. (Source: AHIMA)
- The AAPC has launched a new coding certification program, which provides training and certification in medical coding and billing. The program is designed for healthcare professionals who want to become certified coders. (Source: AAPC)
I hope this information is helpful!