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Are you Among the 75% of Providers NOT Ready for ICD10?

01.13.2014

A recent study by KPMG conducted in the last quarter of 2013 states that the majority of payers and providers surveyed are significantly deficient in preparing for key aspects of ICD-10 implementation.  There are two main areas where those surveyed said their organizations had not properly addressed ICD10 implementation:

  • comprehensive system testing
  • determination of impact on cash flow and revenue cycles

Another finding is that nearly 75% of respondents surmised that the transition to ICD-10 coding would have moderate to severe impact on an organization’s bottom line.

Where do you stand with your ICD-10 Implementation?  If you need help from a trusted advisor to get you there, contact Harmony Healthcare IT.  One of our senior level consultants would be happy to step you through some links to useful resources and/or talk about an ICD-10 solution for your system.

Source:  NASDAQ OMS Global Newswire

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