ICD-10: It's Later Than You Think
The deadline is nearly two years away, but many healthcare leaders—juggling multiple priorities, such as meaningful use–have yet to adequately focus on ICD-10.
Some "may not totally appreciate the enormity of [the] task, and that might be something that comes back to bite them," says Michelle Mahan, Vice President and CFO, Frederick Memorial Regional Health System, Frederick, MD.
Others understand very well that the transition from ICD-9 will be costly and difficult. The American Medical Association's vote last month to "vigorously work to stop the implementation" of the "onerous" directive may have captured the prevailing mood. But it will do little to halt the inevitable.
Over the last several months HealthLeaders Media has been researching and reporting on leaders' concerns surrounding the transition to ICD-10 code sets:
ICD-10 Proponents Cry Foul
ICD-10 Deadline Postponed, Sebelius Confirms
Intelligence Report: ICD-10 Puts Revenue at Risk
Impact Analysis: ICD-10: Skating on Thin Margins
ICD-10 Is Gonna Cost Me How Much?
10 Ways ICD-10 Will Improve Quality of Care
Haven't Started ICD-10? It May Already Be Too Late
ICD-10: Mandate and Opportunity
Hospital Margins in Jeopardy as 5010, ICD-10 Deadlines Loom
ICD-10 Jangles Financial Leaders' Nerves
ICD-10: Revenue Losses Loom
Still not convinced it's time to get moving? Government Health IT lays out ICD-10's ten-year reign of fear in chilling detail.