Defining ICD-10 “readiness” | #ICD10 #ICDRemediator #ICD10Matters #HealthIT

Defining ICD-10 “readiness” | Managed Healthcare Executive 



Defining ICD-10 “readiness”



How payers and providers should prepare for the transition



October 27, 2014 By Ryan McDermitt

When Congress voted in March to push back the ICD-10 deadline to at least Oct. 1, 2015, emotions were mixed from payers and providers across the industry. With the 2014 deadline in mind, a WEDI survey in late 2013 revealed that 80% of providers would not be ready to begin testing efforts before the deadline. Also, nearly 40 percent of payer respondents said they’d failed to complete their impact assessments. Now with the delay pushed back to 2015, payers and providers need to take advantage of this extra time, instead of relaxing their compliance efforts and staging another mad scramble next year.



Let’s examine healthcare’s past readiness for this transition to see what steps to take for 2015. The payer side of the industry was 12 to 24 months ahead of the provider side in engagement, planning and remediation for ICD-10. Additionally, the majority of payers were on track for ICD-10 remediation when the second delay was announced. In late January 2014 at the Edifecs Healthcare Mandate Summit, evidence was seen that providers – particularly larger integrated care-delivery organizations – were beginning to close the readiness gap. As the delay was announced, payers were starting to perform collaborative testing with forward-thinking trading partners, including providers. In fact, some providers were also requesting testing with payers.



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#ICD10 #ICDRemediator #ICD10Matters #HealthIT