Medical coding Trends of 2022

The medical or healthcare industry has continuously evolved because of patient privacy, technological advancement, insurance provider policy and many more. As medical coding is one of the essential aspects of the medical industry, it is also impacted by the new medical coding trends. Medical technology advancements emerge in the medical coding system with the recent trends and create new opportunities to help them stay ahead. If you don't know the current medical coding trends, this article will help you. Here we will list the few changes that significantly impact the medical billing industry. Let's explore them;

1. Transition to new ICD System

Previously ICD-9 technology was used in the medical coding system, which is now replaced by the ICD-10 system. It is one of the most influential and universal technologies used all over the US. in disease, medical procedures and the coding system. The ICD-10 system was invented in 1999 for mortality reporting; since then, it has evolved and is currently changing with more than 1 lakh new procedures and diagnostics codes. To use or utilize the ICD-10 n a healthcare facility, training is required beyond educational certification units.

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2. Medicare Physician Fee Schedule Replacement

Centres for Medicare & Medicaid Services implemented a significant change Medicare Physician Fee Schedule in the last 10 years. Fee schedules will be modified for the foreseeable future due to trends in reimbursements, which will also temporarily alter how the market reacts. To stay current with the changes, extra training will be needed for the Medicare Physician Fee Schedules.

3. COVID-19 codes have been added

After the covid-19 pandemic, meeting patient needs has become a significant priority for the healthcare facility. As a result, the concept of "telehealth" suddenly expanded to provide immediate patient care through digital platforms or telecommunications.

In order to make this approach successful, the medical coding tends to respond quickly and effectively. That is why the changes have been continuously evolving in the medical coding systems or software so that tracking the treatment, immunization, Covid-19 detection, and other medical procedure could be easier and faster.

Conclusion

These are the latest medical coding trends that have been evolving day by day to manage, tracking and make healthcare procedures easy, faster and effective. Here we have listed all the major coding trends that have strongly impacted the medical industry and led it towards a better future.

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