tci Part B Insider - 2003 Issue 30

Physician Notes: Moving to ICD-10 Codes Could Cost More Than Y2K

A proposed new diagnostic coding system could cost healthcare providers as much as $14 billion - more than the industry paid to ready computer systems for the Year 2000 conversion. That's the finding of a new study sponsored by the Blue Cross Blue Shield Association. It looked at the challenges, costs and benefits associated with replacing the current ICD-9 diagnostic and inpatient procedure codes system with a new ICD-10 system. The study's authors say the $14 billion figure is a conservative estimate because they didn't include nursing homes, clinical labs, durable medical equipment vendors, and others unable...

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