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On April 2, the ICD-10 compliance deadline was officially delayed until at least 2015. What does this mean for physicians?
by Vlad Hurduc
On April 2, the ICD-10 compliance deadline was officially delayed until at least 2015. What does this mean for physicians? For one thing, it’s not yet clear if the new deadline will be October 1, 2015 or later. The big question on physicians’ minds is what to do about training and conversion – should they go ahead with their original compliance plans, or put them off because the conversion now seems less urgent? No doubt the ICD-10 delay offers more breathing room, welcomed by those who were less prepared, but we still encourage our clients to continue with plans and preparations in full force.
What does a good ICD-10 preparation plan look like? There are some important factors to consider, like validating favorable contracting and protecting yourself against revenue cycle delays. At a high level, you may also want to:
We also recommend you ask your EHR vendors if they can provide the following:
The ICD-10 conversion is a question of ‘when’, not ‘if’. Despite this sudden delay, there’s no substitute for good preparation and staying ahead of the curve.