This rule adopts standards for eight electronic transactions and for code sets to be used in those transactions. It also contains requirements concerning the use of these standards by health plans, health care clearinghouses, and certain health care providers.
The use of these standard transactions and code sets will improve the Medicare and Medicaid programs and other Federal health programs and private health programs, and the effectiveness and efficiency of the health care industry in general, by simplifying the administration of the system and enabling the efficient electronic transmission of certain health information. It implements some of the requirements of the Administrative Simplification subtitle of the Health Insurance.
HCPCS :
A standardized coding system used to process claims for insurance payments by the Centers for Medicare and Medicaid Services. It consists of two parts: a coding system devised by the American Medical Associatio called the Current
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Difference between ICD9 and ICD 10 codes
What sets ICD-10 apart from ICD-9 is specificity, i.e., more codes — a lot more codes — that convey more detail than the old codes. Payers will expect physicians to bill using these more specific codes. That means doctors will have to “write more stuff” in the medical record to support the codes. You won’t have to memorize thousands of new codes; you will need to learn what documentation elements are relevant to the codes you use most frequently in your practice.
I am currently a Medical assistant and I am doing billing and coding to have extra income and be incharge of some ccounts and work from home, I would like to get my Bachelos degree in Helath care