ICD-10: Skating on Thin Margins
"[Healthcare leaders] may not totally appreciate the enormity of this task, and that might be something that comes back to bite them in the end. This seems like an infrastructure task, so it may be that people aren’t worried, but there’s more to it."
—Michelle Mahan, Vice President and CFO, Frederick Memorial Regional Health System, Frederick, MD
The HealthLeaders Media CFO Exchange brought together 30 top finance leaders from hospitals and health systems of varied sizes and regions to share ideas on how to best guide their organizations through the uncertainty brought about by specific healthcare mandates and general economic upheaval. This report provides information and insight from these leaders on the ICD-10 conversion.
This exclusive, original research and analysis offers key insights from top healthcare executives at the inaugural HealthLeaders Media CFO Exchange, along with new industry data, including:
- 60% expect short-term cash flow to take a hit from ICD-10
- 45% expect revenue losses from ICD-10
- 40% expect losses to exceed 6% from ICD-10
Multimedia Requirements: Adobe Reader 9 or later, available for free download. (Past Reader versions require an active internet connection to access audios and videos.)
About Intelligence and the Council
HealthLeaders Media Intelligence Unit, a division of HealthLeaders Media, is the premier source for executive healthcare business research. It provides analysis and forecasts through digital platforms, printed publications, custom reports, whitepapers, conferences, roundtables, peer networking opportunities, and presentations for senior management.
The HealthLeaders Media Intelligence Unit is powered by the HealthLeaders Media Council, select members of the HealthLeaders Media audience of more than 200,000 healthcare executives.
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