ICD-10 questions that still need answers
Last year on this date, we were one year away from ICD-10 implementation. The more things change, the more they stay the same.
And in that spirit, I'm revisiting my Oct. 1, 2013, blog post on ICD-10 questions that needed to be answered.
Is the deadline going to change again?
Well that one got answered without any ambiguity. Of course we can ask the question again this year. For the record, I thought a delay was out of the question because:
- No one will ever take the Centers for Medicare and Medicaid Services (CMS) seriously again.
- HIPAA 5010 was an expensive lesson.
- One more delay will cost some serious money.
- CMS is working really hard
I don't think I got those factors wrong. But apparently no one serving in Congress read that entry.
Maybe we should ask instead how to prevent another ICD-10 delay.
How much will this really cost?
And we got a better answer. Sort of.
Nachisom Advisors updated its "The Cost of Implementing ICD‐10 for Physician Practices" study and came up with some ranges of costs. Which is more honest than a single price tag. But it requires a bit more homework to figure out what medical practices will need to pay.
Is this really going to help medical practices?
Again, it depends. But the answer we probably will be providing will be, "Actually, it's not going to hurt as much as you think."
Where does a medical practice start?
This one is easy. CMS' "Road to 10" website is a great resource for small medical practices.
I'm afraid that medical practices instead will be asking, "Do I really need to start taking ICD-10 implementation seriously?"
Which is the only question that really matters on another ICD-10 deadline date that got pushed back.
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