ICD-10 is Coming: Download Our New White Paper
The transition from ICD-9 (the International Classification of Diseases, ninth revision) to ICD-10 codes is quickly approaching. Originally, the U.S. healthcare industry was required by the Department of Health and Human Services (HHS) to switch to ICD-10 codes by October 1, 2013. However, there now has been a final adjustment by the Centers for Medicaid & Medicare Services (CMS) to extend the ICD-10 implementation deadline to October 1, 2014. The extension was a reaction to intense pressure from the American Medical Association (AMA), hospitals, and others who reported that they need more time to implement the extensive changes.
Why ICD-10? Better Healthcare Outcomes and Patient Safety.
The overhaul is long overdue in light of the vast changes in the U.S. healthcare system since ICD-9 was first released more than three decades ago. During that time, there has been a dramatic rise in chronic conditions, compounded by an aging baby boomer population. Moreover, the last decade has witnessed a national movement to improve quality outcomes and patient safety. Now, government and private payers are demanding to know more about patient care and outcomes information as they roll out aggressive pay-for-performance (P4P) programs, many of which are already tied to reimbursement rates and bonuses. ICD-10 will provide updated medical terminology and a new level of detail about diseases and clinical procedures in today’s climate of intense healthcare reform.
ICD-10 is Just One Among Competing Priorities for Hospitals
As deadlines loom, many hospital leaders admit their organizations aren’t prepared for the ICD-10 transition. In fact, only 26 percent of organizations were part-way through ICD-10 preparation, according to a July 2011 survey of healthcare leaders. Lack of readiness could lead to significant challenges, considering that ICD-10 is on par with the magnitude of HIPAA and Y2K. It’s not a surprise that hospitals are lagging behind given their push to comply with other multimillion-dollar government initiatives, including the roll out of electronic health records (EHR) projects that meet “Meaningful Use” criteria and qualify for financial incentives under the American Recovery and Reinvestment Act of 2009.
Our white paper, The Race is on for ICD-10 Implementation, was written by HealthStream's Christian Oliver, Associate Vice President for Catalog and Courseware. The paper details:
- How ICD-10 Compliance can Support Innovation
- The Risks of Non-compliance
- ICD-10’s Impact on Hospitals
- How Focusing on Education Can Put Hospitals in the ICD-10 Driver’s Seat
- How to Build an ICD-10 Training Program
- The Impact of ICD-10 on Physicians
Download HealthStream's Free ICD-10 White Paper White Paper.
Learn more about HealthStream's ICD-10 training solutions from our partner, Precyse.