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Countdown to ICD-10 is On

JustCoding.com, October 12, 2012

As organizations that are deep in the throes of ICD-10 transition preparation have discovered, the scope and complexity of the ICD-10 transition are significant. No matter how much time organizations think they have, or how far along in ICD-10 preparation they think they are, there is isstill has plenty of work to complete by October 1, 2014. And the longer organizations delay getting started, the greater the risk of non-compliance and the higher the cost to remediate.

Take advantage of the transition
The ICD-10 transition offers a unique opportunity to assess operations and make improvements that lead to better and more efficient processes and workflows. You can use this time to mitigate pPotential problems through proper planning and preparation.

Entities that were not on schedule to meet the original 2013 compliance date have a “second chance” to not only be prepared to meet the new compliance date, but to move beyond mere compliance to leverage their ICD-10 investment to achieve strategic value.

Transitioning to ICD-10 smoothly and on time requires the engagement of strong executive leadership support and sponsorship and dedication of adequate resources. If senior leaders don’t consider ICD-10 a high priority, or commit the necessary staff and other resources to this project, other levels of the organization won’t either.

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