tci Part B Insider - 2015 Issue 40

Physician Notes: CMS: 90 Percent of ICD-10 Claims Have Been Accepted So Far

Plus: Even Obamacare is at risk of fraud. ICD-10 has only been in effect for a month, but CMS already appears ready to declare it a success. The agency released some stats about the new diagnosis coding system on Oct. 29, and those numbers are quite positive. Between Oct. 1 and Oct. 27, Medicare processed 4.6 million ICD-10 claims per day, and only 10.1 percent of them were denied. Out of the denials, 0.1 percent were rejected due to an invalid ICD-10 code, and another two percent were denied because of incomplete or invalid information. &ldquo...

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