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ICD-10 Jangles Financial Leaders' Nerves
Karen Minich-Pourshadi, for HealthLeaders Media, July 25, 2011
"It's not surprising [so few people have started], just the sheer magnitude of the number of projects and the amount on people's plates already has slowed people down," said Oriol.
Regardless of the reason behind why these preliminary steps to prepare for ICD-10 haven't been taken, financial leaders need to push hard to complete the financial assessment as soon as possible. With so many initiatives competing for dollars that are in short supply, CFOs need to have a reasonable estimate of the kind of capital they'll need to get this initiative done on time.
Karen Minich-Pourshadi is a Senior Editor with HealthLeaders Media. She may be reached at kminich-pourshadi@healthleadersmedia.com.
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