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Are you Ready for the ICD-10 CM & PCS Deluge?

NEARTERM WILL KEEP YOU DRY On October 1st, of this year a deluge of over 5,000 new CM and PCS medical codes and other changes are coming your way! CMS opens the dam to release the five-year hold on these codes and a one year reprieve for unspecified codes. ICD-10 CM will have 1,943 new…

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A Look at Nearterm’s RCM Consulting Nationwide

Most likely Nearterm has done an RMC Consulting Project in your state.  Find out with our Interactive Project Map. Nearterm provides client-centered revenue cycle and financial management consulting services to hospitals, physicians and other healthcare providers nationwide. Our hospital revenue cycle management services see and deal with the full spectrum of revenue cycle issues that…

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Service Management in Hospitals – Turning Complaints into Gold

Patient complaints can be stressful and costly, and if severe enough, can even negatively impact revenues. Or complaints can offer an opportunity to fine tune your service level and turn them into gold, thus boosting revenues. The emergence of the patient as consumer is the reason making the latter possible. The Patient as Consumer Hospitals and…

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Medical Coding is Here to Stay

As a Medical Coding managed services provider, Nearterm sees a lot of growth in the future of medical coding. The need for medical coders is expected to grow by 22% between 2012 and 2022, a rate much faster than average for other occupations. Source: CareerStep. There are four main reasons for this. ICD-10 & -11…

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Get CMS ICD-10 Coding Guides for Medical Specialties

To help physician specialists and other providers get quickly up to speed,  CMS has launched the ICD-10 Clinical Concepts Series for medical specialties. Each comprehensive guide in the series compiles key information from the Road-to-10 online tool in an interactive PDF format that can be readily shared, emailed, posted to websites, and printed. The specialty…

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CMS ICD-10 Coding Resources to Help You Get Ready

CMS  published this information in its August 7 Newsletter. We hope you will find it useful. List of Valid ICD-10-CM Codes CMS has posted a complete list of the 2016 ICD-10-CM valid codes and code titles in the 2016 Code Descriptions in Tabular Order ZIP file on the 2016 ICD-10-CM and GEMs web page. See…

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CMS to Reimburse Physicians Despite ICD-10 Coding Mistakes

The CMS has made a concession in the transition from ICD-9 to ICD-10 that allows for reimbursement despite ICD-10 coding mistakes in claims, so as long as the physician used a valid code from the right family. This allows for flexibility in the claims auditing and quality reporting process and allows reimbursement to be made…

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