The official compliance date for ICD-10 is a little more than a year away and as healthcare organizations work toward implementation they have many concerns--especially the toll it will take on costs and productivity.
It's telling that the recent announcement from the Centers for Medicare & Medicaid Services finalizing Oct. 1, 2015, as the new ICD-10 deadline was met mostly with skepticism, at least by hospital CIOs and provider organizations with whom I spoke last week. Still, there appears to be one big difference between this delay and the last one: Right up front, CMS announced plans for readiness testing for providers, including end-to-end testing.
The Centers for Medicare & Medicaid Services, piggybacking on its announcement Thursday finalizing Oct. 1, 2015, as the new ICD-10 deadline, have outlined a "comprehensive four-pronged approach" to helping providers prepare for the transition.
After months of speculation, the U.S. Department of Health and Human Services, as expected, finalized Oct. 1, 2015, as the new compliance date for providers and payers to transition to ICD-10.
Hospitals increasingly plan to outsource coding efforts in the coming year, according to a new survey published today by Black Book Rankings.
Kaiser Permanente is testing nearly 200 applications with a range of external trading partners and providers as part of its preparation for the transition to ICD-10.
Healthcare providers--and practice managers, in particular--would be wise to take advantage of the most recent ICD-10 delay, not by shifting their focus to other projects, but instead shoring up potential areas of weakness, according to family physician Stephen Spain.
With the ICD-10 delay, experts are urging healthcare organizations to spend the time furthering their efforts toward clinical documentation improvement. That improvement involves physicians, CDI specialists and coders--and closing the gap between "doctor-speak" and "coder-speak."
The Medical Group Management Association (MGMA) identified its members' top practice struggles for the seventh year in a row with its "Medical Practice Today: What Members Have to Say" survey.
Providers responding to a recent survey on ICD-10 expressed concerns about the impact the coding switch--set to go into effect Oct. 1, 2015, after being delayed in April--will have on revenue, productivity and workflow.