The Medical Group Management Association’s most recent MGMA Stat poll asked healthcare leaders “Does your practice provide training to staff for yearly code updates?” A majority (69%) responded “Yes,” while 31% reported “No”.
This poll was conducted on December 3, 2019, with 1040 applicable responses.
Updating codes is essential in a medical practice, as ICD-10-CM diagnoses codes are revised and released on Oct. 1 each year, and CPT codes are updated each year on Jan. 1. Similarly, HCPCS includes procedural, professional and durable medical equipment codes, which are updated each year on Jan. 1. Additionally, both CPT and HCPCS codes can be updated quarterly, and it’s important for a practice to review any updates from its Medicare Administrative Contractor (MAC) throughout the year.
The Centers for Medicare & Medicaid Services (CMS) also publishes quarterly updates that can be found on the CMS website.
Why are codes updated? New diseases, treatments and medical advances necessitate revising, adding or deleting codes.
The repercussions of not keeping up with updates can be detrimental to a medical practice:
- Lack of updating codes can prevent timely processing of claims or cause denials.
- Level of specificity may cause a lag in payment of claim as the payer may request a more specific code on a diagnosis that has been updated in its system but not yours.
- Capturing chronic conditions may also be impacted as codes are updated.
- A deficit in quality measures may cause loss of eligibility of participation in certain programs including grants and Medicare and Medicaid programs.
- A medical practice may also miss commercial payer benchmarks causing loss of incentives.
- Nonetheless, financial impact is at its greatest when codes are not updated.
It is imperative that your EHR is updated on corresponding dates whether the vendor states it is automatically updated or requested by your medical practice. Be aware of auto updates or vendor-initiated updates by rechecking the codes in the EHR. Also be aware of any additional charge a vendor may require upon updating codes. Regardless of method of delivery, it is crucial that all coding updates occur when expected.
The impacts can be prevented by ensuring your EHR is up to date and educating physicians and staff on code changes. Add the dates on your calendar and enroll in a newsletter, webinar and/or professional coding organization to ensure your medical practice does not miss any updates on ICD-10-CM, CPT or HCPCS coding updates. Coding and billing staff should be made fully aware of changes and relay the information to all who have a role in coding. There are many resources to keep a practice updated.
Additional resources:
- “Learn the 2020 ICD-10-CM guidelines and new codes” (MGMA Insight article)
- “Medical coding essentials for the non-coder” (MGMA Insider podcast)
- “Chronic care remote patient monitoring: CPT updates” (MGMA Connection magazine article)
- “Ensure compensation for consultations: Making sense of CPT codes 99446-99452” (MGMA Connection magazine article)
- “Maximizing reimbursement in COPD management” (MGMA Connection magazine article)
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