ICD-10 Delay Foments a Culture of Distrust
What hasn't been said about the "surprise" decision by the Department of Health and Human Services to extend the existing Oct. 10, 2013, ICD-10 implementation deadline?
Well how about this: Despite the fact that the decision may allow a few organizations more time to meet the deadline, the bigger danger is that it will set back the pace of what many feel is a sorely needed, radical makeover of the healthcare system so that it becomes more transparent, safer, and more fraud-resistant.
Not that ICD-10 implementation by itself will achieve transparency, relief from high costs, and poor quality. It won't. Not by itself, that is.
As you already know, ICD-10 is essentially a coding system that costs a lot to implement, and the returns from using it will largely accrue to payers, according to some. Indeed one of the benefits of the new coding regime, although it's supposed to be revenue-neutral, is that it will be a tool for improved healthcare cost control.
On the other side, there are those who argue convincingly that over time, ICD-10 could improve payment accuracy, allow providers to anticipate higher patient volumes, and deliver reams of data that will help improve quality of care.
But what's particularly worrying about last week's announcement that ICD-10 implementation will be delayed is the fact that many, if not most, significant healthcare groups are actually opposed extending the deadline. That might be a first.
- CEO Exchange: Preparing for Population Health
- EHR Systems 'Immature, Costly,' AMA Says
- Better HCAHPS Scores Protect Revenue
- Advocate, NorthShore Deal Would Create 16-Hospital System
- Narrow Networks Cut Costs, Not Quality, Economists Say
- 3 Strategies for Retaining Millennial Employees
- Interstate Medical Licensure Effort Advances
- 'Early Offer' Malpractice Programs May Spur Reform
- Two NY hospitals to offer free hip and knee replacement surgeries for qualifying patients in December
- Power of price: In South FL and the nation, healthcare costs often are shrouded in secrecy