Top 10 Steps to Prepare for Your ICD-10 Roll-out

ICD-10 is right around the corner!!! Attached is a list of items to keep in mind as you go through the preparation process. 

1. Educate internal clinical, medical and office staff on the relationship between ICD-10 and ICD-9.
2. Keep your staff up to date on your roll out plan.
3. Develop contingency plans for potential cash flow decline, including alternate financing.
4. Budget for potential cash flow impacts; prepare for delayed payments and claims adjudication.
5. Communicate with payers to reduce claims, payments, confusion and delays.
6. Continue ongoing education of staff on fraud, waste and abuse regulations and reporting.
7. Audit claim submissions and claim resolutions.
8. Budget for coding productivity delays and HIM educational programs.
9. Prepare for denial tracking, trending, and reporting needs.
10. Establishing an operational contingency plan to support the increased workload demands of revenue cycle staff.