CMS Reports Fraction of ICD-10 Claims Rejected

Healthcare Finance News reports that of the 10 percent of claims filed under ICD-10, only a fraction have been rejected by CMS due to coding errors. Rejections were DUE to incorrectly submitted ICD-9 codes and incomplete or incorrect information. The article points out, “Since the transition, claims are processing normally. Medicare claims take several days to be processed and, by law, Medicare must wait two weeks before issuing a payment. Medicaid claims can take up to 30 days to be submitted and processed.” Full story.