In the ever-evolving world of healthcare, coding systems play a pivotal role in ensuring accurate billing, effective treatment documentation, and compliance with regulatory requirements. Two of the most essential coding standards in the United States are the ICD-10 (International Classification of Diseases, 10th Revision) and CPT (Current Procedural Terminology) codes. Staying updated with changes in these systems is critical for healthcare providers and billing professionals alike. That’s why working with a professional medical billing company like Thrive Medical Billing is invaluable.
In this article, we will explore what ICD-10 and CPT codes are, how recent updates impact medical billing, and why keeping up with coding changes is crucial to your practice’s financial and legal success.
ICD-10 codes are managed by the World Health Organization (WHO) and adapted in the U.S. by the Centers for Medicare & Medicaid Services (CMS) and the National Center for Health Statistics (NCHS). These codes classify diseases, symptoms, injuries, and other health-related conditions. They are primarily used for diagnosis coding and play a critical role in public health reporting, clinical research, and insurance reimbursement.
CPT codes are maintained by the American Medical Association (AMA) and are used to document medical, surgical, and diagnostic procedures and services. These codes are essential in communicating the type of services provided during a patient encounter for billing purposes.
Together, ICD-10 and CPT codes enable accurate billing and reimbursement. A mismatch or outdated usage of either code type can result in claim denials or delays.
Healthcare coding is not static. Every year, CMS and AMA release updates to reflect changes in medical knowledge, technology, and healthcare delivery. These updates may include:
Failing to keep up with these changes can lead to costly errors in billing and even compliance violations. That’s where a reliable medical billing company like Thrive Medical Billing proves its value by staying on top of every update and ensuring correct usage across the board.
The latest ICD-10-CM updates, effective October 1, 2024 (for fiscal year 2025), brought numerous changes. Below are some highlights:
Several new codes were added to reflect growing awareness of mental health conditions. For instance:
To align with value-based care initiatives, new Z codes were introduced for capturing non-medical factors affecting patient health, such as housing insecurity, employment status, and social isolation.
New codes now provide more detailed classifications for conditions like chronic ischemic heart disease and specific types of lymphoma, improving diagnostic accuracy and reimbursement tracking.
At Thrive Medical Billing, our team meticulously reviews these updates and integrates them into the billing process for every specialty we serve.
The CPT code updates for 2025, which went into effect January 1, include several significant changes:
Reflecting the boom in digital health, multiple new CPT codes were added for:
These additions allow providers to be reimbursed for technology-driven patient care innovations.
To support early diagnosis, updates were made to codes related to cancer screenings, immunizations, and wellness checks. This includes enhanced codes for genetic screening and expanded age ranges for vaccine codes.
Certain surgical procedure codes have been updated for clarity and specificity, including orthopedic and neurosurgical interventions. These changes improve documentation and reduce claim disputes.
At Thrive Medical Billing, we not only update our systems with these changes but also educate our clients on how to document services correctly for optimal billing outcomes.
Using outdated or incorrect ICD-10 or CPT codes can have serious consequences for healthcare providers:
To avoid these risks, partnering with a certified medical billing company like Thrive Medical Billing ensures that your claims are clean, accurate, and up to date.
We update our billing software as soon as CMS and AMA release new ICD-10 and CPT codes. Our automated systems flag any outdated codes before submission, reducing errors and claim denials.
Our team includes AAPC- and AHIMA-certified coders who are experts in multiple specialties. We also employ compliance auditors who ensure every claim is thoroughly reviewed.
Whether you're a cardiologist, psychiatrist, or orthopedic surgeon, Thrive Medical Billing tailors code updates and documentation support to fit your specialty. This ensures accurate billing and maximum reimbursement.
We regularly provide clients with easy-to-understand updates on new codes, along with documentation tips and best practices. We offer webinars, cheat sheets, and one-on-one support to help your team stay informed.
If new codes result in payer pushback or unexpected denials, our team quickly intervenes, corrects the issue, and resubmits claims—keeping your revenue cycle moving smoothly.
Even with expert help, healthcare providers should adopt certain best practices to make the most of coding changes:
As healthcare evolves, so will the complexity and capabilities of ICD and CPT coding systems. Key trends on the horizon include:
Thrive Medical Billing is committed to staying ahead of these trends to keep our clients compliant, efficient, and competitive.
Keeping up with ICD-10 and CPT code updates is not just a matter of administrative efficiency—it’s a legal and financial necessity. Failing to do so can lead to claim rejections, compliance issues, and loss of revenue.
Working with an experienced medical billing company like Thrive Medical Billing eliminates the stress and guesswork. We ensure that your practice stays current with every coding change, maintains compliance, and maximizes reimbursements—all while allowing you to focus on what you do best: providing exceptional patient care.
Let Thrive Medical Billing be your trusted partner in navigating the ever-changing world of healthcare coding. With our expertise, your billing will always be precise, compliant, and profitable.