Prepare to waste more money on ICD-10 | Healthcare Payer News
November, 11 2014
By: Anthony Brino
A new Republican majority focused on curbing regulation may give the healthcare industry the opposite of what most are looking for: uncertainty. Or they could turn to a fairly simple option to help the stakeholders long resistant to ICD-10.
"ICD-10 will never happen, we'll just keep spending money on it."
So one health system CIO told a colleague at the College of Health Information Management Executives’ (CHIME) recent gathering, before the November elections ushered in a GOP majority in the House and Senate and raised new questions about the viability of ICD-10.
The American healthcare system was originally supposed to adopt ICD-10 in 2011, then the Department of Health and Human Services moved the proposed implementation date to 2013, and then delayed it again for a year, to October 2014.
Then, this past spring, tucked into annual Medicare bill that temporarily postpones long-ago mandated physician reimbursement decrease, Congress forbade HHS from implementing ICD-10 until October 2015, in what some saw as a concession to a political constituency and a long-time ICD-10 skeptic, the American Medical Association.
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