CMS Allows One Year Grace Period For ICD-10 Transition

The Centers for Medicare & Medicaid Services (CMS) announced it will collaborate with the American Medical Association (AMA) to make the transition to ICD-10 (ICD, or International Classification of Diseases) smoother, including adding a 12-month grace period when claims won't be denied for unintentional code errors. Medicare claims won't be denied or audited based on the specificity of the diagnosis codes as long as they come from the correct family of codes. The changes also include exempting physicians from Physician Quality Reporting System, Value Based Modifier, or Meaningful Use 2 penalties as long as they use a . . .