HCPCS allows physicians to document the services provided. These codes are added to insurance claims and submitted to insurance companies for payment.
Accurate and appropriate coding for the services you provide in your practice is vital, not only for payment purposes, but also for documentation purposes.Many electronic health records (EHRs) and medical billing systems can produce reports based on the Healthcare Common Procedure Coding System (HCPCS) data that can help practices identify gaps in care for their patients.
Often pronounced by its acronym as "hick picks," HCPCS is a set of health care procedure codes.
ICD-10-CM (International Classification of Diseases, 10th Revision, Clinical Modification) is a set of codes to report the reason(s) for patient encounters and certain patient characteristics. ICD-10 Codes are placed on health insurance claims to convey to insurance companies the reason for the encounter. As with HCPCS codes, ICD-10 codes can be used for reporting purposes, such as identifying cohorts of patients with the same condition. Understanding the common diagnoses within your practice can help focus quality improvement and population health efforts.