ICD-10 transition linked to reimbursement losses

The transition to the ICD-10 coding system could lead to some financial losses among hospitals and other providers, according to a new study in the Journal of Oncology Practice. The study focused on 120 hematology-oncology diagnosis codes with relatively high rates of reimbursement. The transition from ICD-9 to ICD-10 led to information losses affecting 8 percent of all Medicaid codes and 1 percent of codes specific to the University of Illinois Cancer Center (UICC). The loss of data accounted for 2.9 percent of total Medicaid reimbursements and 5.3 percent of UICC billing charges. Altogether, the transition will cause diagnostic codes to mushroom from 14,000 to 68,000. Read the full article at FierceHealthcare

 

 

 

 

 

 

 

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