decisionhealth Newsletters, Coder Pink Sheets - 2015 Issue 9 (September)
Transition to ICD-10: ICD-10: 5 forecasts about the Oct. 1 ICD-10 launch and how to prepare
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Article Overview
This article examines five major ways the ICD-10 launch was expected to affect medical practices, including operational strain, productivity changes, vendor readiness, CMS flexibility, and workflow disruption. It is geared toward physicians, coders, billers, practice managers, and compliance staff who wanted to understand transition risks and common preparation themes.
Why This Topic Matters
It helps readers gauge the operational and administrative impact of the ICD-10 transition and understand the broad areas practices needed to plan for before the launch date.
Article Sections
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Prediction #1: Most practices will encounter cash-flow problems
Discusses expected financial pressure during the transition and broad preparation themes for managing practice cash flow.
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Prediction #2: Expect an initial 20% drop in coder productivity
Covers anticipated productivity effects on coding, billing, and physician documentation, along with general training themes.
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Prediction #3: Vendor issues will be the most prevalent implementation barrier
Reviews concerns about software readiness, vendor coordination, and testing as part of implementation planning.
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Prediction #4: The “flexibilities” announced by CMS will have little to no impact on physician practices
Summarizes discussion of CMS guidance and how practices viewed its practical effect on ICD-10 preparation and training.
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Prediction #5: The amount of disruption to your day-to-day workflow will be minimal if you’ve prepared properly
Focuses on overall workflow readiness, training, testing, and the broad relationship between preparation and disruption.
What You Will Learn
- The main operational risks practices associated with the ICD-10 transition
- Why productivity and cash-flow concerns were central to transition planning
- How vendor readiness and testing fit into preparation efforts
- How CMS guidance influenced training expectations
- What broad workflow preparation themes were emphasized by experts
Who Should Read This
- Physicians
- Medical coders
- Billers
- Practice managers
- Compliance staff
- Revenue cycle teams
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