The Centers for Medicare & Medicaid Services (CMS) released the Next Steps Toolkit to help you analyze and improve your ICD-10 progress. By tracking and comparing key performance indicators (KPIs), you can:
- Assess progress to identify any productivity or cash flow issues
- Address opportunities to improve revenue cycle management
- Maintain progress and keep up-to-date on ICD-10
CMS also released a companion infographic with easy-to-follow steps from the Next Steps Toolkit. The infographic focuses on three key steps:
1. Â Assess Your Progress
Establish a point of comparison for each KPI you would like to track. Your goal should be to compare KPIs from before and after the October 1, 2015, transition date.
CMS released a fact sheet focused on KPIs to help you better understand how to analyze and track your ICD-10 progress. This fact sheet includes a list of KPIs that may be helpful to your practice, such as days to final bill and claims denial rate.
2. Â Address Your Findings
Once you have identified opportunities for improvement, you can develop a feedback system to:
- Improve the accuracy of your clinical documentation and code selection
- Check for any systems issues
- Resolve system problems with payers
3. Â Maintain Your Progress
ICD-10 updates take place annually on October 1, following the same timeline used for ICD-9 updates. Be sure to keep all your systems and coding tools updated.
Review the General Coding Guidelines on a regular basis. Separate official guidelines are available for:
Keep Up to Date on ICD-10
Visit the CMS ICD-10 website and Roadto10.org for the latest news and official resources, including the Next Steps Toolkit, ICD-10 Quick Start Guide, and a contact list for provider Medicare and Medicaid questions. Sign up for CMS ICD-10 Email Updates and follow us on Twitter.