As a Revenue Cycle manager or leader, the delay in implementation date for ICD-10 provides some much needed time to plan and prepare for the impact of ICD-10, and can help you keep your organization’s cash flow in the positive column. The highest visibility areas of ICD-10 implementation such as physician and clinician documentation training, and Medical Record coder training, have probably gained the most attention overall in terms of identifying the need for preparation, but other areas also need attention and will impact how you manage the Revenue Cycle to optimize productivity.
While the key areas of the Revenue Cycle – Registration, Medical Records and Patient Accounts – have specific areas of focus, global components impacting Revenue Cycle management include:
