The practice of vascular medicine has faced many challenges over the last decade. With the increasing competition from radiologists and cardiovascular physicians, the role of the role of the vascular practice is more significant than ever in terms of vascular medicine as a whole. Vascular surgeons have seen a decrease in their reimbursement rates for vascular procedures due to the passage of the Deficit Reduction Act of 2005. As a result, many vascular physicians are opting to perform more percutaneous procedures in their offices.
Health care professionals understand that patient care is always the top priority, however there is one component of patient care that everyone who works in a private physician’s office needs to pay greater attention to, and that is coding. It benefits the clinical staff immensely to have a good working relationship with the persons in their offices who are responsible for billing because communication is the key to ensuring that the best quality of care is being delivered to every patient.
The transition from ICD-9 to ICD-10 coding has not always been a seamless one for payers, physicians, and other healthcare providers. But resistance to change often isn't a good thing--especially when many experts agree that this particular policy change has the potential to make a dramatic impact on the future of healthcare. Sue Bowman, director of coding policy and compliance at the American Health Information Management Association, recently shared some top reasons why the new ICD-10 claim system can significantly benefit patient outcomes and your clinical bottom line.