ICD-10 Is Gonna Cost Me How Much?
Despite the immediate revenue hit, many organizations do expect that the ICD-10 conversion will ultimately pay for itself, with 25% estimating one to two years before achieving ROI. Still, 27% of healthcare leaders say they don't ever expect a return on the investment, and 26% are unsure.
In the report, Oriol closes with an interesting point: Healthcare leaders think the cost of implementing ICD-10 will be low and the potential loss of revenue will be high. So, he asks, why aren't hospitals getting on with it?
- CVS Ramps Up Retail Clinics with Provider Affiliations
- 4 Tectonic Shifts Shaking Up Healthcare
- As States Regulate Provider Competition, Common Threads Emerge
- Medical Errors Third Leading Cause of Death, Senators Told
- Contradictory Obamacare Rulings Issued by Appellate Courts
- As HIPAA Breaches Accelerate, Tools Lag
- Study Puts Spotlight on Preventing Fall-Related Injuries
- Roundtable: Life After a Healthcare Organization Acquisition
- Wanted: Nurse PhDs
- Recruiting Retired Clinicians