It is a great time for healthcare organizations to reflect on the ICD-10 transition and what it will mean in 2016. Many healthcare leaders believe that ICD-10 2016 is a critical milestone in the transformation of our evolving healthcare delivery system. The replacement of older, obsolete code sets with ICD-10 will result in the availability of better healthcare data, which organizations can use to improve patient outcomes, lower healthcare costs, and advance population health.
ICD-10 has gone smoothly for a majority of organizations, but savvy healthcare leaders are currently planning their ICD-10 goals for 2016. After all, coding and physician reimbursement are essential to any healthcare organization. If you want to continue to be successful with ICD-10 in the New Year, a great way to ensure maximum reimbursement is to adopt new technology, such as Fast Chart’s Computer Assisted Coding solution.
ICD-10 and Computer Assisted Coding
With an additional 120,000 new codes, many healthcare organizations need a whole new way to overcome the productivity and financial challenges that come with ICD-10. Fast Chart’s Computer Assisted Coding harnesses the power of M*Modal to ease the transition to ICD-10 while boosting efficiency and accuracy. Computer Assisted Coding gives your organization the tools it needs to completely and accurately code, analyze, and review patient encounters.
The Benefits of Computer Assisted Coding with ICD-10
Computer Assisted Coding can be used to help coders learn to navigate the new pathways of ICD-10. In fact, it can provide an effective framework and methodology for handling new ICD-10 requirements for improved documentation. Fast Chart’s Computer Assisted Coding product analyzes the clinical language within documents and produces medical codes for specific phrases and terms. Coders can then use these recommended codes to gain valuable feedback.
While Computer Assisted Coding cannot replace comprehensive training and education, it is a useful tool that can help coders efficiently parse through patient data. Many healthcare organizations are considering Computer Assisted Coding as a tool to help reduce the risk of increased coding errors due to unfamiliarity with new ICD-10 codes.
With powerful workflow management tools and a fully embedded encoder with in-depth knowledge resources, Fast Chart’s Computer Assisted Coding solution can act as a single reference for your coders to reduce inefficiencies, limit denials, and shorten the billing cycle. If you are interested in learning more about how Computer Assisted Coding can benefit your organization in 2016, give us a call at 1-800-334-6606 or contact us online to schedule a demo.