With the ICD-10 implementation deadline less than a year away, a majority of healthcare organizations will be reaching into their wallets to pay for the migration, according to a new report.
A new Workgroup for Electronic Data Interchange white paper encourages small providers to participate in testing prior to the ICD-10 go-live date of Oct. 1, in order to avoid potential claims denials or delays, as well as cash flow issues that may result from such denials. Testing also can help providers to determine whether their electronic health record system and associated applications will have trouble generating ICD-10 claims.
Physician practices remain optimistic about their ability to meet the ICD-10 deadline and are slightly more prepared to meet that goal than last year, according to the results of a new survey from vendor Navicure.
Of nearly 15,000 test claims received by the Centers for Medicare & Medicaid for the first round of end-to-end ICD-10 testing, 81 percent were accepted, according to statistics revealed by the agency Wednesday.
When healthcare systems bring on new providers, they must now "pay the ICD-10 piper," according to Linda Reed R.N., vice president and CIO at Morristown, New Jersey-based Atlantic Health System.
It's time for ICD-10 to be implemented, and added delays are not likely to motivate organizations any more than the others ones did, says pediatrician Michael Lee, the director of clinical informatics at Atrius Health.
It seems as if finally--after three delays and endless back-and-forth arguments about merits, costs and complexities—the transition to ICD-10 will happen this October. To briefly recap: First, the deadline was set for October 2011. Then this happened in January 2009 Then, the deadline was set for October 2013. Then this happened in February 2012 Then, the deadline was pushed back to October 2014. Then this came out of left field last spring Will the fourth time be the charm?
Researchers studying the difficulties of mapping between ICD-9 and ICD-10 have created tools to deal with the complexity, according to an article published in the Journal of the American Medical Informatics Association.
Members of the House Energy and Commerce Committee's Submcommittee on Health made clear at a hearing examining ICD-10 implementation on Wednesday that they do not want to see the transition delayed yet again.
ICD-10 implementation costs for small physician practices are significantly lower than estimates touted by the American Medical Association this time last year, according to survey results published this week in the Journal of the American Health Information Management Association.