ICD-10

ICD-10 claims denial rate at 1.6 percent, RelayHealth reports

Posted 07:48 pm by & filed under ANSI 5010, ICD-10, Latest Healthcare News, Medicaid, Medicare, Press Releases

Denial rates for ICD-10 claims are at about 1.6 percent, according to a report by RelayHealth Financial. Out of about 262 million claims processed between Oct. 1, 2015, and Feb. 15, 2016, which totaled $810 billion, 1.6 percent were denied, according to an announcement from the revenue cycle management solutions organization. The numbers show there has… Read more »

Ringing in Zip, Zero, Zilch

Posted 09:05 pm by & filed under Articles, CureMD, HIPAA, ICD-10, Latest Healthcare News, Meaningful Use, Medicaid, Medicare, PQRS, Services, Software, Why MediPro

For those I haven’t had the pleasure of visiting with in the first 15 days of the month, Happy New Year!  I’m excited about what 2016 will bring to medical practices and billing services over the next 350 days. After peering inside the plethora of healthcare news, I found some recurring hot topics that we’ll… Read more »

Providers Urged to Monitor ICD-10 Claims; Challenge Denials

Posted 02:50 pm by & filed under Articles, ICD-10, Latest Healthcare News, Medicaid, Medicare

Although it’s still early in the process, the transition to the ICD-10 coding system by all accounts is unfolding more smoothly than many observers expected. Reports nonetheless indicate that unexpected denials may be occurring. As a result, McKesson experts recommend that providers continually monitor their revenue cycle to determine if claims are being inadvertently rejected… Read more »

RelayHealth reports over $25 billion in claims processed since October 1

Posted 09:13 pm by & filed under Articles, ICD-10, Latest Healthcare News, Lytec Practice Management, Medicaid, Medicare, Services

Since October 1, RelayHealth Financial has successfully processed more than 13 million of your hospital and physician ICD-10 claims, totaling more than $25 billion. This is good news!  “RelayHealth Financial has led the industry with investments such as a comprehensive ICD-10 testing program and ICD-10 Central’s real-time analytics dashboard to help ensure a smooth transition… Read more »

Smooth Rollout For New ICD-10 Medical Codes, Insurers Say

Posted 09:25 pm by & filed under Articles, ICD-10, Latest Healthcare News, Medicaid, Medicare

The launch of tens of thousands of new government-mandated “ICD-10” codes used to describe diseases and hospital procedures in the billing process has seen few problems in the early days of its launch, large health insurers say. The news of a smooth rollout thus far comes from Humana HUM +0.33% (HUM) and UnitedHealth Group UNH -1.88%… Read more »