Half of Providers Unsure of ICD-10 Revenue Impact
by Fred Pennic 11/07/2014 Leave a Comment
ICD-10 Revenue Impact
Nearly half of healthcare providers are unsure of the ICD-10 revenue impact or have yet conducted revenue impact assessments, according to a new eHealth Initiative (eHI)/AHIMA survey. In fact, 35 percent
believed that their organization’s revenue will decrease during the first year of ICD-10 compliance.
The report provides a look at just how prepared healthcare organizations are for the upcoming ICD-10 implementation and how they think ICD-10 will impact their operations. Survey respondents expressed a mix of optimism and concern regarding the impact of ICD-10 indicating that coding (59%), documenting patient encounters (42%) and adjusting reimbursement claims (41%) would be the most difficult under ICD-10.
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