A Top Ten List to Ring in the New Fiscal Year
ICD10monitor September 25, 2023
The new federal fiscal year (FY) begins on Oct. 1, this coming Sunday. In preparation, I thought that I would review my top 10 activities for providers to prepare. Here we go…
- Review new ICD-10-CM/PCS codes with coders, who should be aware of the changes. Schedule a coding audit to validate coding accuracy of the coding staff. The Hierarchical Condition Categories (HCCs) are being updated as well. Take the time to make staff aware of the changes and available resources.
- Update/create facility-specific coding guidelines:
- Identify New Technology Add-On Payment (NTAP) items that are utilized by your facility, as well as documentation that supports the ICD-10-PCS code(s).
- Maintain a copy of the previous version to be utilized with any...