Take Advantage of Medical Coding Changes in 2017
Medical coding changes of 2017 are far big and new to the billing people. But the changes have got a wide good response from many users because of their friendly capabilities. The newer version has launched with latest code forms. This coding can generate more fast billing rates. The change has been officially practiced since 1st of January in this year.
By implementing this evaluation and management coding this has created a fast revenue cycle management which increases the chances of revenues in healthcare industries. Here are some of the new changes which are implemented in industry
Advantages of coding change
Some of the services will pay higher rates when it takes more time on processing. A physician cannot spend more time in taking the old record of patient. In such time Evaluation and management will come into help and search for the records since they are providing service for storing the data. For managing their time some codes are generated.
Code 99358
This is activated during the first hour or prolonged evaluation and management after or before meeting the patient in person.
Code 99359
This code is an additional feature of first code 99358, when the E/M services find no data, an additional 30 minutes will be provided.The service will be provided either on same day or different day based on the work pending to do.
Code 96160
This code is an extraordinary feature for developing the screening and documentation for patient risk focused health hazard appraisal and other instruments.
 Code 96161
This is focused for care giver in managing the instruments like depression inventory and others for the benefits of patients
These are some of the new codes which are implemented in Coding sector to improve the processing speed. Changing over to such coding which is available in the latest version will help us to complete work within short span.
POS
The Point Of Service is another new technique which is being implemented in mostly all health care industries to make sure that the revenue into taken into account. With this POS, transactions become simple and easy. The POS enables fast cash transactions. By using this fake currencies can be reduce and old genuine transaction can happen. No theft of currencies can happen in any places because of the usage of new services which are implemented for about 75% in many medical industries. Even rural sectors are developing with POS to get more revenue.
Increase in income
By implementing all these modern coding methods and POS services and ICD-10 coding, make your medical industry to earn more. Even you can focus on ancillary services for your industry and double the revenue. When you start using technology for change it can become so simple to live a stress free life and take much care in treating patients. You can treat patients even in online because of the changing medical structures.
It is very simple for technology to develop in medical field. Try to stick on to change and evolve better and make profits from coding change.
