tci Part B Insider - 2010 Issue 33

In other news...

You'd better start figuring ICD-10 transition costs into your ever-shrinking budget. "The October 1, 2013 deadline for implementing ICD-10- CM/PCS is fast-approaching, and a lot of work needs to be done," warns the American Health Information Management Association. "The transition will be expensive...Budgeting appropriately is a challenge because the implementation involves many types of expenses over multiple years," AHIMA says. You should plan for costs related to hardware, software, training, communication, support services, and productivity loss, the organization advises in a release. An article on budgeting for ICD-10 is in the September issue of Journal of...

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