The ICD-10-CM grace period offered by Medicare and some private payers – allowing the submission of less specified codes without penalty – has ended, just as the Centers for Medicare & Medicaid Services (CMS) prepares to roll out more than 7,000 changes to the code set. Providers will need to update their ICD-10-CM and ICD-10-PCS…

So what do these alternatives imply? In-house billing refers to the billing and coding done by the staff of the practitioner/healthcare center i.e. all aspects of revenue cycle management such as insurance verification, patient registration, coding, submission of claims, and collections from insurances and co-pays and managing A/R’s which are handled by the employees. It…