decisionhealth Newsletters, Coder Pink Sheets - 2009 Issue 1 (January)
How much might ICD-10 conversion cost your practice?
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Article Overview
This piece reviews a study estimating the financial and workflow impact of ICD-10 adoption for physician practices of different sizes. It is relevant to practice administrators, coders, compliance staff, and clinicians tracking coding transition planning, training, documentation, technology changes, and related policy discussions from organizations such as CMS and AHIMA.
Why This Topic Matters
The article helps readers understand the broad categories of expense and operational disruption associated with ICD-10 conversion, as well as the debate over differing cost projections and implementation timelines.
What You Will Learn
- What categories of practice costs were examined in relation to ICD-10 adoption
- How implementation impact was framed for practices of different sizes
- Why cost projections for ICD-10 differed among organizations and studies
- Which professional associations and federal agencies were involved in the discussion
- What operational areas of a practice were expected to be affected by the transition
Who Should Read This
- Physician practice administrators
- Medical coders
- Billing and revenue cycle staff
- Compliance and documentation staff
- Healthcare executives
- Clinical laboratory administrators
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