Experts suggest that ICD-10 transition can hit Revenue Management cycles hard! Claim denials and rejections are expected to increase by 200% according to studies by CMS. These figures really question the provider’s ability to manage his revenue cycles. <br />For this, you need to stay focused on every aspect of your RCM, you need to monitor it continuously and eliminate all the non-value adding steps. It’s important to stay updated on all the regulatory changes associated with ICD-10 and the Affordable care act. Know all the policies, guidelines and system changes which are required to make sure you’re in the right direction. <br />Technology can only facilitate in a smooth transition to ICD-10 and improving revenue cycles, however it alone cannot guarantee success until and unless full commitment is shown on your part.<br /><br />https://www.curemd.com/tutorials/road-to-icd-10.html
