decisionhealth Newsletters, Part B News - 2015 Issue 8 (August)
Predicting ICD-10: 5 forecasts about the Oct. 1 ICD-10 launch and how to prepare
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Article Overview
This article reviews five expert forecasts about how the ICD-10 launch could affect physician practices, including productivity, cash flow, vendor readiness, CMS-related flexibility, and overall workflow disruption. It is aimed at practice administrators, coders, billers, physicians, and compliance staff who want to understand the operational risks of the transition and the general areas where preparation matters most.
Why This Topic Matters
ICD-10 implementation can affect revenue cycle operations, staff productivity, documentation practices, and software systems. Understanding the expected pressure points helps practices assess readiness and plan ahead without needing to rely on the full premium article for scope.
Article Sections
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Cash-flow problems and financial preparation
Discusses anticipated revenue-cycle strain during the transition and broad financial readiness measures practices may consider.
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Initial productivity decline
Covers expected short-term effects on coder, biller, and physician productivity and the role of documentation and training.
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Vendor and software readiness
Addresses implementation risk tied to vendor timelines, testing, and software preparedness before launch.
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CMS flexibility and training approach
Summarizes discussion of CMS flexibility and how practices may view that guidance in relation to training.
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Day-to-day workflow disruption
Reviews general expectations about workflow disruption and the importance of broad transition planning.
What You Will Learn
- The main operational areas practices were expected to watch during the ICD-10 transition.
- Why billing, coding, and documentation preparation were considered important.
- How vendor readiness and testing fit into transition planning.
- What broad types of concerns were being discussed around CMS flexibility and workflow disruption.
Who Should Read This
- Physician practices
- Practice administrators
- Medical coders
- Billers
- Compliance officers
- Physicians
- Revenue cycle staff
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