- Revenue Cycle Management
- COVID-19
- Reimbursement
- Diabetes Awareness Month
- Risk Management
- Patient Retention
- Staffing
- Medical Economics® 100th Anniversary
- Coding and documentation
- Business of Endocrinology
- Telehealth
- Physicians Financial News
- Cybersecurity
- Cardiovascular Clinical Consult
- Locum Tenens, brought to you by LocumLife®
- Weight Management
- Business of Women's Health
- Practice Efficiency
- Finance and Wealth
- EHRs
- Remote Patient Monitoring
- Sponsored Webinars
- Medical Technology
- Billing and collections
- Acute Pain Management
- Exclusive Content
- Value-based Care
- Business of Pediatrics
- Concierge Medicine 2.0 by Castle Connolly Private Health Partners
- Practice Growth
- Concierge Medicine
- Business of Cardiology
- Implementing the Topcon Ocular Telehealth Platform
- Malpractice
- Influenza
- Sexual Health
- Chronic Conditions
- Technology
- Legal and Policy
- Money
- Opinion
- Vaccines
- Practice Management
- Patient Relations
- Careers
ICD-10 change could impose big costs on practices
Estimated costs are in for the mandated upgrade to the International Classification of Diseases, Tenth Revision.
Estimated costs are in for the mandated upgrade to the International Classification of Diseases, Tenth Revision, which the Department of Health and Human Services plans to adopt by October 2011.
According to Baltimore-based Nachimson Advisors, the ICD-10 upgrade will cost $83,290 for an average small physician practice, $285,195 for an average medium practice, and $2.7 million for an average large practice. Nachimson defines a small practice as 3 physicians and 2 administrative assistants; a medium practice as 10 physicians and midlevels, a coder, and 6 administrative staff; and a large practice as 100 physicians and midlevels, 10 full-time coders, and 54 medical-records staff.
