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What's New in Medical Coding and Billing?

We take the time to stay up to date on industry standards and regulations in medical coding and billing so you don't have to.

New updates to the ICD-10-CM- Beginning 2024

11/16/2023

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Are you aware of the additional 395 new billable codes coming in 2024? The areas include external causes of morbidity, social determinants of health (SDOH), and osteoporosis. 

External causes of morbidity -The biggest remodel in this year’s codes can be found in;
Chapter 20 – External Causes of Morbidity (V00-Y99). Kid's, bless their hearts. We all know just how inquisitive these little humans can be. Whether it’s seeing if one of their toy's will fit up their nose, or if a pencil can go in one ear and out of the other, CMS also realized just how important it is to identify such incidents. Here are a few examples;
  • W44.B3xA Plastic toy and toy part entering into or through a natural orifice, initial encounter
  • W44.H0xA Other sharp object unspecified, entering into or through a natural orifice, initial encounter
  • W44.F0xA Objects of natural or organic material unspecified, entering into or through a natural orifice, initial encounter
  • W44.F3xA Food entering into or through a natural orifice, initial encounter

SDOH ICD-10 codes (Social Determinants of Health)
Chapter 21 - Factors Influencing Health Status and Contact with Health Services (Z00-Z99), which capture details related to child upbringing. A Sample;
  • Z62.23 Child in custody of non-parental relative
  • Z62.24 Child in custody of non-relative guardian
  • Z62.823 Parent-step child conflict
  • Z62.83 Non-parental relative or guardian-child conflict
  • Z62.831 Non-parental relative-child conflict
  • Z62.832 Non-relative guardian-child conflict
  • ​Z62.833 Group home staff-child conflict
  • Z62.892 Runaway [from current living environment]

Osteoporosis ICD-10 codes (42 new codes) 
Chapter 13 - Diseases of the Musculoskeletal System and Connective Tissue (M00-M99) Some examples:
  • M80.8B2P Other osteoporosis with current pathological fracture, left pelvis, subsequent encounter for fracture with malunion
  • M80.8B9D Other osteoporosis with current pathological fracture, unspecified pelvis, subsequent encounter for fracture with routine healing
  • M80.0B1K Age-related osteoporosis with current pathological fracture, right pelvis, subsequent encounter for fracture with nonunion
  • M80.0B2G Age-related osteoporosis with current pathological fracture, left pelvis, subsequent encounter for fracture with delayed healing

Diseases of the eye and adnexa ICD-10 codes (45 new codes)
Chapter 7 - Diseases of the Eye and Adnexa (H00-H59)
A sample:
  • H50.621 Inferior oblique muscle entrapment, right eye
  • H50.649 Lateral rectus muscle entrapment, unspecified eye
  • H50.662 Superior oblique muscle entrapment, left eye
  • H50.651 Medial rectus muscle entrapment, right eye

The experts at Infinite Revenue Medical Billing, LLC stay up to date so you don't have to. Contact us today!! 
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2024 Medicare Part A and Part B Deductibles

11/5/2023

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Medicare Part B
The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the annual deductible of $226 in 2023.

Medicare Part A Inpatient Hospital
The Medicare Part A inpatient deductible that beneficiaries pay if admitted to the hospital will be $1,632 in 2024, an increase of $32 from $1,600 in 2023. The Part A inpatient hospital deductible covers beneficiaries’ share of costs for the first 60 days of Medicare-covered inpatient hospital care in a benefit period.
In 2024, beneficiaries must pay a coinsurance amount of:
  • $408 per day for the 61st through 90th day of a hospitalization ($400 in 2023) in a benefit period
  • $816 per day for lifetime reserve days ($800 in 2023).
Skilled Nursing Facility
For beneficiaries in skilled nursing facilities, the daily coinsurance for days 21 through 100 of extended care services in a benefit period will be $204.00 in 2024 ($200.00 in 2023).


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