09/APRIL/2014
ICD-10 Delay:
So,
who is relieved?
1. Some Ill-Prepared Core Vendors: Not all
providers are confident that their core vendors are ready for the transition. “Our core vendor will be breathing a deep sigh
of relief because they are not ready.”
2. CMS and Payers: Many providers report that
payers are still not ready for testing. This includes Medicare, which
reportedly won’t begin ICD-10 end-to-end testing pilots until the end of July.
Regarding CMS, one provider said, “I don’t think CMS is ready, and they are
cleverly disguising it by using providers as the reason for the delay.”
3. MGMA, AMA, and Physician Practices: The
AMA is against moving to ICD-10 entirely. They estimate the cost of switching
to ICD-10 will be between $225,000 and $8 million for physician practices and
that it will force many practices out of business. The MGMA said that without
CMS leading the testing, “there will be significant increases in cash flow
disruptions to practices that will affect the ability to treat patients.”
4. Providers needing more testing,
implementations, training or optimization: Several providers welcomed the extra
time.
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