New ICD-10 Implementation Date - Generates Mixed Responses
POSTED BY MEGHANN KIERNAN ON NOVEMBER 14, 2014 2:35 AM
ICD-10 Implementation DateWith President Barack Obama signing H.R. 4302, the Protecting Access to Medicare Act of 2014 on April 1, 2014, the healthcare industry witnessed a further delay in ICD-10 implementation date. Section 212 of this bill has set the final ICD-10 implementation date as October 1, 2015. The new bill has generated several conflicting opinions among healthcare entities across the care continuum regarding the continuous delays of ICD-10.
Advocates of the legislation say that this delay has turned out to be a positive opportunity for those small organizations that were not fully prepared for the ICD-10 transition. This new move will give a major break to those hospitals and physicians who were literally struggling with the idea of such a transition. This will give them more time to prepare and concentrate on training programs for medical coders, programmers and other technical experts, which will subsequently strengthen the chance of streamlined operation and business success within the new system.
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