decisionhealth Newsletters, Part B News - 2013 Issue 5 (May)
4 steps to develop a contingency plan if vendors won’t be ready for ICD-10
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Article Overview
This article explains how medical practices can prepare for vendor readiness problems tied to ICD-10 implementation. It focuses on planning with clearinghouses and billing services, coordinating with practice management software vendors, protecting cash flow, and evaluating alternative vendors and testing timelines. The piece is relevant to practice administrators, billing professionals, and managers responsible for maintaining claims and reimbursement operations during a code-set transition.
Why This Topic Matters
Vendor delays or unclear readiness can disrupt claims processing and payment flow, so practices need a practical backup strategy. The article helps readers understand the operational and planning issues that can affect reimbursement continuity during an ICD-10 transition.
What You Will Learn
- How to think about contingency planning when vendors are not ICD-10 ready
- What operational areas to review for claims and reimbursement continuity
- Why cash flow planning matters during coding and billing transitions
- How to evaluate alternative vendors and testing readiness
Who Should Read This
- Practice administrators
- Billing managers
- Revenue cycle staff
- Medical practice owners
- Healthcare operations leaders
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