tci Part B Insider - 2016 Issue 9

Physician Note: Relay Health Sees Just 1.6 Percent of ICD-10 Claims Denied

Plus: CMS reminds practices that OIG is still using analytics software to find errors. While health care providers continue to report positive results with ICD-10 claim submissions, the proof is in the results from claims processors, which appear to echo the successful sentiments. This week, revenue cycle management solution provider RelayHealth Financial shared its denial rate data for claims that were processed between the ICD-10 implementation date of Oct. 1 and Feb. 15, and the outcomes were quite impressive. Out of over 262 million claims representing more than $810 billion in reimbursement, only 1.6 percent were denied—a...

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