CMS: ICD-10 Expected to Cost $1.64B, Initially Increase Improper Coding
The switch is also estimated to increase the number of claims returned for improper coding by 10 percent initially. In preparation for these significant changes, the Journal reports companies are selling software to help facilities adjust to the new coding system.
Read the Wall Street Journal Health Blog report on ICD-10.
Read more on ICD-10:
-AAPC Column Outlines Objectives for ICD-10 Preparation 1,000 Days From Implementation Date
-AAPC Editorials Disagree on Effectiveness, Necessity of ICD-10
-CMS to Hold Teleconference on ICD-10, HIPAA Version 5010
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
New From Becker's ASC Review
Could an ICD-10 delay threaten national security?Read Now
- Fujifilm's ground breaking technology
- 3 ASCs that aced accreditation surveys
- U.S. Anesthesia Partners adds Anesthesia Consultants of Dallas
- GI physician leader to know: Dr. Ashwin Ananthakrishnan of Massachusetts General Hospital
- Postop NSAIDs increases anastomotic complication risk among colorectal resection patients, study finds