global medical coding company

What Does ICD-11 Mean for Global Medical Coding Companies?

Global medical coding companies must keep up with industry technological and regulatory changes, and the recent announcement of ICD-11 is another change that we must adapt our processes to meet. But before we get into what the ICD-11 changes mean for medical coding companies, let’s remind ourselves of the purpose of ICD, and how essential it is to global medical coding. ICD, or the International Classification of Diseases, is a tool for reporting and grouping conditions and factors that influence health. The purpose of ICD is to allow for a standardized and systematic recording, analysis, interpretation, and comparison of medical data collected. Most useful to medical coders, ICD is used to translate diagnoses into alphanumeric codes which permit storage, retrieval, and analysis. Whenever the ICD is revised and updated, it means that global medical coding companies like ECLAT Health Solutions must take necessary measures to comply with its new structural changes.

Training

According to World Health Organization’s (WHO) recent release, some major structural changes are set to be implemented under ICD-11. One of the key revisions is meant to simplify coding structure and electronic tooling, which is meant to allow health care professionals to more accurately record conditions. This means that for global medical coding companies, this new and simplified coding structure must be comprehensively understood by its professionals. Extensive training, research, and practice are all required for medical coding companies to ensure that coding quality and accuracy will not be lost amidst the ICD-11 transition. Also, the code structure itself is projected to be updated, so what many medical coders knew like the back of their hands will now need to be re-learned.

No need to panic

The preview of the ICD-11 transition, which is set to be released for adoption by member states of the WHO in May 2019, may seem like a daunting announcement to some. Medical coding companies and health care professionals as a whole have become so accustomed to ICD-10, that the thought of drastic system and structural changes involved in ICD-11 may cause stress and insecurity. However, NO NEED TO PANIC! ICD-11 is an exciting announcement, as it marks innovation and forward thinking in the world of disease classification. A lot has changed since ICD-10 was introduced, and the way we view certain diseases and disorders should evolve as well. Like with any new piece of technology or information, there is always a learning curve, however the light at the end of the tunnel is brighter than ever, the health information management world will continue to improve its practices to promote patient transparency and reduce unnecessary hospital costs.

ECLAT Health Solutions is Ready for ICD-11

ICD-11 goes into effect January 1, 2022. The World Health Organization offices are still working on a global implementation plan to do this, and our team will be standing by to respond and take action to update our medical coding processes as necessary when the plan and final release is announced. As a leading global medical coding company, ECLAT Health Solutions is looking forward to ICD-11 and the impressive impact it will have on health care and how we classify diseases, disorders, and other health issues. To learn about the ECLAT Advantage, and what sets our medical coding company apart from others, contact us today!

The Truth About Domestic vs. International Medical Coding

There’s a lot of debate in the world of healthcare about international coding. “Does international coding really save that much money? How safe is it? Aren’t there enough coders here in the United States?”—these are all common questions that healthcare providers ask when addressing their medical coding needs.

There is a lot of misleading information and false rumors floating around that make some providers shudder at the thought of using coders abroad. However, the truth is that international coding is a great model that offers US healthcare providers a multitude of benefits.

Security

Often, the biggest reason many healthcare facilities hesitate to use international medical coding is security. They may fear that looking overseas for coding services means compromising security, and that this alleged increased security risk will outweigh the benefits of a more affordable option. They are, of course, right to be cautious when it comes to their security, but what many of them don’t realize is that international coding does not actually compromise security. International coding providers are well-aware that a security breach would mean a loss of business for their clients, not to mention would compromise patients’ confidential medical records. Because of this, coding providers take extra measures to ensure their clients’—and their patients’—security.

These companies build secure facilities in which the international coders will work. Even though the work is being conducted overseas, an expert medical coding provider will maintain the tightest security measures and ensure that all sensitive information and practices are kept private. As an added measure, most international coding companies will promote transparency and report to their clients about their processes.

An Abundance of Work

The adaptation to ICD-10 procedures in recent years has contributed to draining the pool of qualified coders here in the United States. Healthcare facilities have struggled to spend time and money retraining their coding staff, and many coders who were certified in the former coding practices did not want to learn a brand new set of procedures and left the field. This has created a gap of time in which the newest set of medical coders have yet to be trained and enter the coding workforce, leaving a shortage of US-based coders.

However, there is an abundance of well-trained and qualified overseas medical coders who can meet the demand. International coding companies require their coders to earn the necessary certifications, such as from AAPC and AHIMA, making them just as qualified for medical coding as domestic coders. This abundance of workers overseas also helps keep cost down for healthcare providers without sacrificing quality and accuracy.

Reduced Cost

Outsourcing coding services might seem like a costly endeavor to some healthcare providers, but using international coders is a very financially-appealing option. It’s far more affordable to use an experienced coder from another country than to find, hire, train, and pay a US-based coder who is new to the industry. As mentioned, the abundant pool of candidates in other nations helps to keep costs down, where the smaller availability of coders in the US with a rising demand can end up costing you more than you bargained for.

Partner with the Right International Coding Company

Of course, the key to reaping in these benefits of international coding is to select an expert outsourced coding company. ECLAT Health Solutions offers the most secure, efficient, and accurate international medical coding services. All of our coding experts are well-trained in ICD-10 procedures in addition to maintaining HIPAA compliance. We love working closely with our clients as an extension of their company to help them reach and exceed their operational goals by customizing our services to fit your facility needs. This unique approach is what our satisfied customers call ‘The ECLAT Advantage’.

To learn more about how we can serve you, call us today at (703) 665-4499, or fill out our contact form!