Resistance is Futile! Let’s picture this scenario (insert blurry transition); I had my Practice Manager go through the ICD-10 Transition Checklist. We are all ready to just join the “Crosswalk” on October 1st, 2015. The Calendar turns to November then December. Zoinks!!! Where’s the money? I have employees to pay. I have bills to pay. I thought we were ready? The vendor and the clearinghouse said we were all ready to go. The one thing I forgot is that in every past attempt to make a large change in the way Providers bill there has always been a glitch and a slowdown of receiving payments from insurance companies.
Back to the Present! The time is now!
As Practice Consultants, Sentinel Health would like to recommend something that is not on the checklist:
☐ Have cash on hand or a line of credit. According to the experts it is recommended to have enough cash available to cover up to six (6) months of operating expenses. If you can set aside that money now it would be advisable.
Summers always fly by. Don’t procrastinate. Have you ordered the ICD-10 book? Have you been trained? Has your staff been trained? Have you looked at your current diagnosis list and thought about what changes should be made to the clinical documentation you will need to support the new diagnosis? This is going to be a large transition for most of the office, being prepared is paramount!
Subscribe to Sentinel Health
Keep up to date on the latest content, here at Sentinel Health. Subscribe below.