Assessing Your Progress
The Centers for Medicare & Medicaid Services (CMS) has released a new infographic based on the Next Steps Toolkit to help you analyze your ICD-10 progress. By tracking and comparing key performance indicators, you can assess your progress, address your findings, and maintain your progress. Today, we will explore how to assess your progress.
Establish a Baseline for Each Key Performance IndicatorThe first step in using key performance indicators (KPIs) is establishing a point of comparison for each KPI you would like to track. Your goal should be to compare KPIs from before and after the October 1, 2015, transition date.
Using KPIsCMS has released a companion resource focusing on KPIs to help you better understand how to assess your ICD-10 progress. This fact sheet includes a list of KPIs that may be helpful to your practice.
If you’re a provider in a small practice, you might not have routinely used or tracked KPIs in the past. You may need to start by developing a new baseline with current data. Work with your billing and coding staff to see what data are already available in your systems, reports, and records. You can also check if pre-ICD-10 data is available from outside sources like:
- Clearinghouses
- Third-party billers
- System vendors
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