A survey of healthcare IT professionals by the Healthcare Information and Management Systems Society found respondents' greatest challenge with converting to ICD-10 is a lack of staffing resources, according to a HIMSS Vantage Point report.
Other top challenges included a lack of synchronization between payors and providers (19 percent), a lack of financial resources (15 percent), an inability to test appropriately to ensure compliance with guidelines/regulations (10 percent), changes in regulations from the federal government (9 percent) and inadequate guidelines from health plans and clearinghouses (5 percent).
The HIMSS data also revealed:
- 46 percent of respondents said their greatest concern was revenue loss from a bottleneck of coding issues
- Only 5 percent of respondents said their greatest concern was missing the Oct. 2013 deadline and being penalized
- 73 percent of respondents turn to associations for ICD-10 conversion information
- The lowest percentage (20 percent) of respondents turn to clearinghouses for ICD-10 information
Read the HIMSS Vantage Point report on the ICD-10 conversion (pdf).
Related Articles on ICD-10:
Why Hospitals Need to Start Getting Ready for ICD-10 Now
TrustHCS to Offer AHIMA ICD-10 Training Curriculum to Provider Organizations
ICD-10 Straight Talk: Overview
Other top challenges included a lack of synchronization between payors and providers (19 percent), a lack of financial resources (15 percent), an inability to test appropriately to ensure compliance with guidelines/regulations (10 percent), changes in regulations from the federal government (9 percent) and inadequate guidelines from health plans and clearinghouses (5 percent).
The HIMSS data also revealed:
- 46 percent of respondents said their greatest concern was revenue loss from a bottleneck of coding issues
- Only 5 percent of respondents said their greatest concern was missing the Oct. 2013 deadline and being penalized
- 73 percent of respondents turn to associations for ICD-10 conversion information
- The lowest percentage (20 percent) of respondents turn to clearinghouses for ICD-10 information
Read the HIMSS Vantage Point report on the ICD-10 conversion (pdf).
Related Articles on ICD-10:
Why Hospitals Need to Start Getting Ready for ICD-10 Now
TrustHCS to Offer AHIMA ICD-10 Training Curriculum to Provider Organizations
ICD-10 Straight Talk: Overview