ICD-10 Delay Could Be Data Disaster #ICD10 #ICDRemediator #ICD10Matters #HealthIT

ICD-10 Delay Could Be Data Disaster - iHealthBeat

by The Coalition for ICD-10

Tuesday, December 9, 2014



Earlier this year, Congress enacted a one-year delay of the implementation of ICD-10-CM/PCS code sets, extending the date from October 2014 to October 2015. This delay was characterized by some as a bump in the road on the way to better health care data.



Now, with some physician groups advocating for an additional delay of up to two more years, it's time for the industry to recognize that such obstruction is more than a bump in the road. If the health care industry continues to delay ICD-10 implementation, we are careening toward a health care data disaster. Given that the current system in use, ICD-9-CM/PCS, is inadequate for present-day uses and that past delays have incurred significant costs, further delays will have catastrophic consequences for the industry, with no measurable benefit. The health care industry simply cannot afford any more delays in ICD-10 implementation.



There have been multiple delays already, and each delay has been disruptive and costly for health care delivery innovation, payment reform, public health and health care spending. Furthermore, implementation costs continue to increase considerably with every year of a delay. This year, HHS estimated that the cost of a delay to HIPAA-covered entities ranges from $1.1 billion to $6.8 billion.





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#ICD10 #ICDRemediator #ICD10Matters #HealthIT

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