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This white paper produced by Pulse outlines the preparations that physician practices need to make prior to the ICD-10 implementation deadline.
The mere mention of ICD-10 within the healthcare industry elicits an outpouring of responses, such as “it’s too complex,” “it has too many codes to learn,” or that there are “too many hassles involved with making the transition.” To be certain, a sense of anxiety – perhaps even panic – is settling in throughout the industry with the approaching of the October 1, 2015 ICD-10 implementation deadline
Some of these concernsare well-founded, as post-implementation challenges are anticipated to include increased claim denials and reimbursement delays that negatively impact cash flow. Despite the challenges, perhaps it’s time to view the implementation of ICD-10 from a less sensational perspective. While many vendors and consultants are trying to capitalize on the industry’s fears and anxiety to sell their products and services, Pulse’s approach is different – one that sensibly focuses on outlining the tasks necessary for physician practices to make a successful transition. After all, many other countries throughout the world have already implemented ICD-10, and the U.S. healthcare system is certainly up to the challenge.
This white paper produced by Pulse outlines the preparations that physician practices need to make prior to the ICD-10 implementation deadline. These include understanding the similarities and differences between ICD-9 and ICD-10, as well as analyzing an organization’s ICD-10 readiness, and evaluating the electronic health record (EHR) and practice management system offerings from vendors. Also included within the white paper are details about ICD-10-related efforts that need to be completed after the implementation deadline passes.