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?
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