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 ICD-10-related vendor delays or readiness problems. It focuses on practical contingency planning for practices, including coordination with clearinghouses and billing services, cash-flow preparation, and evaluating alternate vendors. The piece is aimed at practice managers and billing leaders who need to reduce disruption during transition planning.
Why This Topic Matters
Vendor delays during a coding transition can disrupt claim submission and payment timing. The article helps practices understand the kinds of operational planning issues to consider before a cutoff date so they can protect revenue flow and maintain billing continuity.
What You Will Learn
- How to think about contingency planning when vendor readiness is uncertain
- What operational areas may be affected by ICD-10 transition delays
- Why practices may need to evaluate alternate clearinghouses, billing services, or software vendors
- How cash-flow preparation fits into transition planning
- What kinds of internal and external testing are part of implementation readiness
Who Should Read This
- Medical practice managers
- Billing and coding staff
- Revenue cycle leaders
- Physician practices
- Healthcare administrators
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