How to Keep Ahead of Billing & Coding Trends

BySento G

How to Keep Ahead of Billing & Coding Trends

It is natural for changes to be discomforting, but when trends are anticipated and with constant updating, it is possible to keep ahead. Transition to ICD-10 from ICD-9 has been drastic for medical billing and coding experts. Not
just this, there are quite a few changes and modifications that are about to occur in the ever-evolving medical industry, similar to any industry, for that matter. To be able to face and handle the changes that are about to crop up,
there are certain basic factors that need to be managed. Here are suggestions to meet all the developments and stay updated to manage them in the medical billing and coding profession.

1. Turning into an ICD-10 Expert

Medical industry has faced a major shift in transition from ICD-9 to ICD-10 system during the recent past. It requires extensive training and learning to master the numerous diagnosis and procedure codes that have been
included in the new system. Odds are many professionals may find it tough and time-consuming to make the shift. Regardless of whether employers provide relevant training or not, getting properly trained and educated by enrolling in a perfect training program would be a nice idea.

2. Get Used to Working with EHR / EMR Systems

With its ease and instant access and accuracy, electronic medical records system is here to stay. As it effectively increases efficiency, improves care quality, and reduces costs, this system is drawing regulatory focus and attention of most of the facilities. As EHR / EMR system greatly increases the efficiency and accuracy in medical billing and coding processes, professionals need to learn about navigating the related software and technologies to keep up with the times. This naturally demands comprehensive training.

3. Maintain Credentials

With new codes being added to ICD-10 and standards being modified frequently, it becomes essential for coders to stay updated and qualified. Getting AAPC or AHIMA credentials by undergoing the necessary formal educational requirements is vital. Current industry credential helps in staying in line with the changing times.

4. Keep Pace with the Dynamic Industry

Myriad changes have been seen in the medical billing and coding industry due to drastic innovations and technological developments during the recent years. To keep abreast of such modifications is inevitable to be able to sustain in the industry. Consider the example of acts such as the Affordable Care Act that have brought in se changes in the way of working among medical coders – such legislative changes are to be always expected and are sure to impact the process of medical billing and coding on large scale. Recognizing and being on the alert to handle such factors provide coders with an edge.

For all who are practicing coders or those who aspire to become coding or billing professionals, staying relevant and updated to face current trends in industry is crucial. It is essential to be aware of the current and future trends to be able to stay ahead and sustain success in the medical billing and coding profession.