Seminar Combats ICD-9 Grace Period Elimination by Revealing Over 151 Coding Changes

22 Sep, 2004, 01:00 ET from The Coding Institute

    NAPLES, Fla., Sept. 22 /PRNewswire/ -- This year, the grace period for
 providers to implement the FY 2005 ICD-9 coding updates has been eliminated.
 Effective October 1, 2004, claims using outdated codes "will automatically be
 returned to the provider for corrections, which could slow down cash flow and
 result in extra time spent correcting documentation as well as claims," says
 M. Aaron Little, CPA, supervising consultant with BKD LLP in Springfield, Mo.
     According to two Feb. 6 CMS transmittals (Nos. 89 and 95), the grace
 period allowed providers "to ascertain the new codes and learn about the
 discontinued codes," CMS says. But "HIPAA Transaction Standards eliminated the
 90-day grace period for updating codes and requires providers to use the ICD-9
 code in effect when service was provided," explains Prinny Rose Abraham, RHI,
 CPHQ, a health information management consultant with HIQM Consulting.
     The result? You need to be aware of the upcoming new diagnosis codes and
 instruct coders or staff on their availability prior to Oct. 1, says Ida
 Belvins, a coding specialist at St. John's Hospital in Springfield, Mo. You
 will have to begin using new and revised ICD-9 codes on Oct. 1, 2004. You will
 not have 90 days to continue using the old codes. For CPT codes and HCPCS
 Level II codes, you will need to implement any additions, revisions and
 deletions the day the new codes take effect: Jan. 1, 2005.
     Samantha Gardiner-Saldukas, President of The Coding Institute said Friday,
 "The elimination of the 90-day grace period was a major blow to providers.
 We're going to help ease the transition by providing the audioconference
 titled: 2005 ICD-9 Coding Update for Physician Practices on CD at 50% off the
 list price. This program will give physician practices all the information
 they need to apply the 2005 ICD-9 codes correctly, and on time, to meet the
 October 1 deadline."
     For more information, providers should call The Coding Institute at
 800-508-2582 and mention code PRS312. Only the first 50 people will be
 eligible to receive this extreme discount.
 
      Contact:
      Holly Smith, Eli Research
      2272 Airport Road South
      Naples, FL 34112
      800-508-2582
      nicole@medville.com; www.codinginstitute.com
 
 

SOURCE The Coding Institute
    NAPLES, Fla., Sept. 22 /PRNewswire/ -- This year, the grace period for
 providers to implement the FY 2005 ICD-9 coding updates has been eliminated.
 Effective October 1, 2004, claims using outdated codes "will automatically be
 returned to the provider for corrections, which could slow down cash flow and
 result in extra time spent correcting documentation as well as claims," says
 M. Aaron Little, CPA, supervising consultant with BKD LLP in Springfield, Mo.
     According to two Feb. 6 CMS transmittals (Nos. 89 and 95), the grace
 period allowed providers "to ascertain the new codes and learn about the
 discontinued codes," CMS says. But "HIPAA Transaction Standards eliminated the
 90-day grace period for updating codes and requires providers to use the ICD-9
 code in effect when service was provided," explains Prinny Rose Abraham, RHI,
 CPHQ, a health information management consultant with HIQM Consulting.
     The result? You need to be aware of the upcoming new diagnosis codes and
 instruct coders or staff on their availability prior to Oct. 1, says Ida
 Belvins, a coding specialist at St. John's Hospital in Springfield, Mo. You
 will have to begin using new and revised ICD-9 codes on Oct. 1, 2004. You will
 not have 90 days to continue using the old codes. For CPT codes and HCPCS
 Level II codes, you will need to implement any additions, revisions and
 deletions the day the new codes take effect: Jan. 1, 2005.
     Samantha Gardiner-Saldukas, President of The Coding Institute said Friday,
 "The elimination of the 90-day grace period was a major blow to providers.
 We're going to help ease the transition by providing the audioconference
 titled: 2005 ICD-9 Coding Update for Physician Practices on CD at 50% off the
 list price. This program will give physician practices all the information
 they need to apply the 2005 ICD-9 codes correctly, and on time, to meet the
 October 1 deadline."
     For more information, providers should call The Coding Institute at
 800-508-2582 and mention code PRS312. Only the first 50 people will be
 eligible to receive this extreme discount.
 
      Contact:
      Holly Smith, Eli Research
      2272 Airport Road South
      Naples, FL 34112
      800-508-2582
      nicole@medville.com; www.codinginstitute.com
 
 SOURCE  The Coding Institute