Industry Expertise Reveals Several Pitfalls Healthcare Practices Have Encountered Transitioning and Complying With ICD-10; MedSafe Tailor-Made Program Solves the Issue in Recovering Lost Revenue and Time

/EINPresswire.com/ -- WELLESLEY, MA -- (Marketwired) -- 10/20/15 -- MedSafe, the leader in total healthcare compliance solutions, announces a customized compliance program to further support physician practices with their current transition to ICD-10. Unique to MedSafe and a key advantage for doctors' offices maintaining regulatory compliance is their on-site assessment capabilities, which streamline operations, solve the potential pitfalls with ICD-10 compliance, and sustain healthcare practices.

"Leveraging our 25-plus years of expertise in healthcare compliance, we are excited to offer healthcare providers a highly effective and adaptable program that will allow them to thrive within this new ICD-10 environment. Using a unique blend of proven methodologies, physician practices, healthcare organizations, and medical clinics will be able to achieve compliance in addition to potentially recapturing lost revenue and time within a systematic and affordable framework," says Christine Queally Foisey, President and CEO of MedSafe.

The program is scalable and fitted specifically to the needs of the healthcare organization. Also, by providing education and training that is based on best practices and covers documentation, crosswalking and guidance, the practice is safeguarded from falling into potentially costly non-compliance consequences. The level of collaboration to address billing and coding modifications and structural differences of ICD-9 and ICD-10 allows for advanced concepts integral to ICD-10 coding conventions to be incorporated into a healthcare organization's unique scenario. MedSafe will help to more effectively assess and quickly map ICD-9 codes to ICD-10 options. By leveraging a sampling of the top 10 encounters for all of a provider's clinical documentation, MedSafe then provides detailed and concise feedback on how current documentation needs must be reconfigured to meet the rigorous and highly specific ICD-10 guidelines.

Since the grace period after the October 1st, 2015 deadline only applies to Medicare and does not apply to the state-run Medicaid program nor to private insurances, physician practices and healthcare organizations should not count on the year grace period as an excuse not to act -- especially since regulations are in the midst of evolving and penalties should be avoided.

About MedSafe

Founded in 1991, MedSafe is the leading healthcare and compliance solutions provider; delivering accreditation, safety, and healthcare compliance to health and dental care organizations nationwide. Services include on-site assessment, development of written policies and procedures, online implementation, management tools, web-based education and ongoing training. MedSafe is dedicated to simplifying the business of healthcare by delivering best practices in compliance, tailored services and technology to physicians, dentists, and health systems. Our compliance experts are renowned for their expertise in OSHA, HIPAA, ICD-10, coding, and operational excellence to eliminate the inefficiencies in healthcare. Visit www.medsafe.com for more information.

Media Contact:
Valerie Harding
Ripple Effect Communications
Tel: 617-536-8887
Email: Email Contact

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.