Friday, August 23, 2013

CodeSmart Holdings, Inc. (ITEN) Teams Up with Millennium Healthcare to Market ICD-10 Training Programs

Premier ICD-10 education and solutions group CodeSmart Holdings, along with its subsidiary The CODESMART Group, Inc. (collectively, CODESMART), announced that Millennium Healthcare, Inc. has been licensed to serve as a marketing partner for CODESMART’s ICD-10 consulting and education programs to physicians, physician practices, and hospitals. This includes CODESMART UNIVERSITY, the company’s online education and training solution for existing coders, new coders, clinicians, and other healthcare workers.

Millennium works with numerous physicians, physician practice groups, and hospitals, which makes the partnership a logical next step to ensure that CODESMART’s ICD-10 training services are made available to as many practitioners as possible.

Healthcare practices across the country face potential revenue losses if they do not become ICD-10 compliant by the October 2014 deadline. The CODESMART Group has developed an unparalleled best practices approach for training coders in ICD-10, and the company looks forward to demonstrating the market value of this methodology and also helping nationwide practices become ICD-10 compliant.

ICD-10 is the tenth revision of the International Classification of Diseases. The International Classification of Diseases is a World Health Organization-approved designation of the aspects of disease treatment, including categories of disease and treatment modalities for those diseases, which has been broken down into more than 141,000 designations. ICD formerly had only 17,000 codes, diagnoses, and procedures. The United States is one of the last countries in the world to adopt these standards, and the Department of Health and Human Services has mandated that all medical practices, hospitals, and other medical recordkeeping organizations be trained and ICD-10 compliant by Oct. 1, 2014. This is an essential measure, as the Center for Medicare and Medicaid services will also be adopting the ICD-10 standard and will thenceforth require proper medical coding before providing reimbursement.

Information about CODESMART and CODESMART University can be found online at www.codesmartgroup.com and www.codesmartuniversity.org

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