Clinical Documentation Improvement by accurate coding, better compliance and faster reimbursement.
Clinical documentation improvement (CDI) has become critical survival imperative for hospitals as ICD 10 implementation draws near. A key financial strategy for sustained long term profitability; accurate and timely clinical documentation of patients enable hospitals improve cash flow and streamline reimbursements. Increasingly ever, clinical, business and compliance decisions are based on high quality clinical documentation. CDI plays catalyst’s role in ensuring hospitals’ scope of services consistently, completely and accurately.
Healthcare providers need outstanding service providers which can augment their clinical documentation process while ensures that it comprehensively reflects their complexity of care, severity of illness and resources consumed.
Vee Technologies offers end-to-end, transformative clinical documentation improvement services and delivers extraordinary outcomes by improving coding, downstream revenue cycle and reporting processes. So, not anymore healthcare providers have to shortchange patients or jeopardize operating margins and be vulnerable.
ICD 10 Compliance for Providers
The upcoming conversion to ICD 10 from ICD- 9 has magnified the importance of CDI even more. ICD- 10 which increases the number of diagnosis and procedure codes from about 13,000 to more than 141,000 is taking effect on Oct 1, 2014. For physicians and healthcare providers, CDI programs are extremely important because financial impact of ICD 9 to ICD 10 transition will be gigantic. The greater number of ICD-10-CM diagnostic codes imply that with a more granular code set, more comprehensive clinical documentation is imperative to support the new codes, as it translates into reimbursements gained or lost.
How are ICD-10-CM and ICD-10-PCS different from ICD-9-CM?
World Health Organization while adopting the original ICD code sets did not assign comprehensive diagnoses and procedure codes for healthcare providers. Facility providers used 13,000 diagnosis and 11,000 inpatient procedure codes. In combination both were termed as ICD-9-CM. Health and Human Services (HHS) proposed ICD 10 transition keeping in view that ICD-9-CM does not provide clinical detail in greater accuracy and does not cover healthcare treatments and technologies convincingly.
The new code sets are now in two segments. ICD-10-CM increases diagnosis codes from 13,000 to 68,000 codes. The accompanying ICD-10-PCS code set includes facility procedure codes and increases the total content from 11,000 to 87,000 inpatient procedure codes. The mandated implementation date for both code sets is October 1, 2013.
Vee Technologies product suite offers an end- to - end offering to manage the 5010 and ICD 10 transitions. The product suite automates a significant amount of the transition exercise, saving time and money. Leveraging a detailed reference, IT components, Vee Technologies’ extensive domain knowledge assures a smooth transition experience.
Our Role in Your Success
Our experienced and professional services team can support and augment your internal 5010 migration and ICD-10 upgrade initiatives in the following roles:
Audit and review of migration requirements, whether developed by us or the client
- Project Management
- HIPAA Migration Readiness Survey
- 5010 Migration Strategic Planning
- 5010 Standards Subject Matter Experts
- 5010 Migration Testing and Validation
- As Is and To Be Process Models, Facilitation, and Re-Engineering