How much will ICD-10 cost your practice?

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Note:  The following article synopsis was NOT provided by HCPro. It was created by Find-A-Code/innoviHealth.

Article Overview

This article reviews a cost-impact study on the transition to ICD-10 for physician practices. It is aimed at practice administrators, coders, and physicians who want a high-level view of the operational areas affected, the types of expenses studied, and the general concerns raised by medical organizations about implementation timing and burden.

Why This Topic Matters

The piece helps practices understand that ICD-10 adoption can affect training, workflows, information systems, documentation, and cash flow, making it relevant for planning and budgeting.

Article Sections

  1. Study overview and practice size comparison

    Introduces the cost-impact study and compares the practice sizes evaluated. It frames the article around the financial burden of transitioning to the newer code set.

  2. Breakdown of the costs

    Summarizes the main categories of transition-related expense discussed in the study. The section organizes the analysis by operational area rather than by specific coding details.

  3. The Impact of Implementing ICD-10 on Physician Practices

    Presents the table of estimated costs for different practice sizes. It provides a comparative view of the study’s results across the major cost categories.

  4. Official resource

    Points readers to the referenced external study source. It serves as a source citation and further-reading note.

What You Will Learn

  • How the article frames the financial impact of ICD-10 implementation
  • Which operational areas are highlighted as cost drivers
  • How the study compares smaller, medium, and larger physician practices
  • What organizations are mentioned in connection with the study and implementation concerns

Who Should Read This

  • Physician practice owners
  • Practice administrators
  • Medical coders
  • Revenue cycle staff
  • Healthcare consultants

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