In October 2014 all health care providers covered by HIPAA will be required to make the switch from ICD-9 (International Classification of Diseases-9) to ICD-10. The ICD-9 is now 30 years old and the United States is the only industrialized country that has not yet upgraded to ICD-10. Via a recent survey by the Medical Group Management Association, however, physicians expressed concerns regarding the costs of conversion, and whether the technology will be in place in time to meet the deadline.
Via Modern Healthcare:
With 16 months left before the CMS expects the healthcare industry to flip the switch to ICD-10, physicians are still expressing significant worries with the readiness of the technology that has to be upgraded to pull it off. They’re also signaling resignation that the long-delayed conversion will really happen this time.
In a survey of more than 1,000 office-based physician practices by the trade group MGMA, more than half of the respondents indicated they were “very concerned” about the overall cost of the conversion to the new diagnosis and procedure codes, scheduled for Oct. 1, 2014.