Healthcare and life sciences:
On October 1, 2015, all healthcare providers in the US will have to transition from ICD-9 to ICD-10 coding; this is also a HIPAA requirement. The transition period for this change started on October 1, 2013, and will end with a full transition to ICD-10 two years later. What are some of the possible problems that could occur (describe at least two problems) during this transition, and how could this affect reimbursement for healthcare services?.
All postings should be a minimum of 200 words, including your response to at least one other student’s posting. Spelling and grammar are counted as part of your grade.
Please note that the original implementation date for ICD-10 was October 1, 2014. Please visit the CMS website on ICD-10 for more information:
https://www.cms.gov/Medicare/Coding/ICD10/index.html?redirect=/icd10
In addition, the DSM-4 coding system for mental health diagnoses has also changed to a new version called DSM-5 which will be in effect on October 1, 2014; for more information, please visit www.dsm5.org, a website supported by the American Psychological Association.