ICD-10 is the Pathway to Unlocking Big Data in Healthcare
11/17/2014
If big data in healthcare is the future for medicine, then ICD-10 is the way to get there.
William Rusnak MD
Over the past year, most of the news surrounding the International Classification of Diseases, Tenth Revision (ICD-10) has been either bureaucratic or comical in nature. Last fall, another delay of the new coding system’s implementation deadline was met with a ton of mixed feelings. Most organizations truly weren’t ready. In fact, in a survey of 1300 healthcare professionals, 55% agreed with the decision to delay the transition. In the meantime, we kept the topic interesting by poking fun at some of the most outrageous codes. It was a good time. In all seriousness, though, ICD-10 has major potential in improving the way healthcare is provided.
Forgetting the idea that this coding system is largely designed for better billing, that the cost of conversion may be as high as $226,105, and that providers will eventually be forced to make the switch, let us take a look at the benefits of ICD-10.
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