The vast majority of practices have done nothing to get ready for ICD-10 or are only "somewhat ready."
The nation’s medical practices are lagging badly in their preparations for converting to the International Classification of Diseases-10th Revision (ICD-10) coding system, a recent survey from the Medical Group Management Association (MGMA) finds.
When asked to rate their practice’s “overall readiness level for ICD-10 implementation,” only 9.4% of respondents said they have made “significant process,” whereas 79% said either they had not yet started implementation or were only “somewhat ready.” None said they had completed implementation.
“The critical coordination that must take place between practices and their software vendor, clearinghouse, and health plan partners is simply not happening at the pace required for a seamless implementation,” says Susan L. Turney, MD, MS, MGMA president and chief executive officer. “Very simply, ICD-10 is behind schedule.” The date for switching from the current ICD-9 coding set to ICD-10 is October 1, 2014.
Other findings from the survey:
Responses to the survey came from more than 570 physician group practices that included more than 21,400 doctors.