Today, the American Medical Association and Centers for Medicare and Medicaid Services (CMS) announced that providers will have a one-year grace period once ICD-10 goes into effect on October 1, 2015. This will allow providers to still be reimbursed if their coding error is within the broad family of the correct code.
The October 1, 2015 ICD-10 implementation date is still on track. However, three bills are moving through Congress that would either eliminate ICD-10 or create a grace period for providers to make a transition. HR 2126 by Congressman Ted Poe (R-Humble) would completely eliminate ICD-10 and simply wait a few years until ICD-11 is ready. […]