ICD-10-CM Transition: Prepare for Cash-Flow Impact.
DALLAS (August 18, 2015) Axxess, an industry leader in home health management software — also accredited by the American Nursing Credentialing Center has released a white paper to help home health agencies effectively manage the transition to the ICD-10 medical code set, which is effective October 1, 2015.Review Android Smartphone
The transition from ICD-9 to ICD-10 will affect every part of an agency’s practice, from software upgrades, to patient referrals, to clinical documentation and billing. According to research by the American Health Information Management Association, providers should expect a decrease in productivity of claims processing by as much as 69 percent during the first year of implementation.
“Minimizing the business impact of this change requires advance planning,” said John Olajide, President and CEO of Axxess. “Agencies that proactively train their staff and ensure their software is ready will have less impact to their productivity and, ultimately, their cash-flow.”
The Axxess white paper ICD-10-CM Transition – Prepare for Cash-Flow Impact will help agencies understand:
• Why the transition is happening
• How ICD-9-CM and ICD-10-CM differ
• How to minimize the impact to agencies
With an efficient, up-to-date EMR system in place, home health operators will be in a better position to monitor their claims process and better manage their cash flow.
Download the Axxess white paper “ICD-10-CM Transition – Prepare for Cash-Flow Impact” here.
Also, download the on-demand webinar “ICD-10 Is Here! Are You Ready?” here.
About Axxess
Dallas-based Axxess is a leading healthcare software company that provides cloud-based software to the home healthcare industry. The comprehensive and user-friendly software solutions at Axxess empower home health agencies and improve their efficiency by integrating all aspects of their operations, so they can focus their attention on what matters most: patient care. The innovative software solutions at Axxess put all care and administrative aspects of a home healthcare agency at the fingertips of providers and managers. Axxess has quickly become the industry’s fastest growing home health software company. Axxess is the only home health software provider accredited by the American Nurses Credentialing Center (ANCC) and is a member of Health Level Seven International (HL7), the global authority on standards for interoperability of health information technology. Axxess is a member of the Alliance for Home Health Quality and Innovation (AHHQI), the National Association for Home Care & Hospice (NAHC), and major state associations nationwide.