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ICD-10 transition expense lower than expected: Breaking down the cost

The cost of the ICD-10 transition for small physician practices has been estimated at $105,506 to $22,560, but new data suggests these numbers are much higher than the true cost, according to a Journal of AHIMA study.

The study projects that the ICD-10 transition for small practices will actually cost anywhere from $1,960 to $5,900. Here are five things to know about the various components of the transition's price tag.

•    Two ICD-10 code books: $0 to $600
•    One to two days of staff training: $400 to $500 per person
•    Three hours of online physician training: $760 to $2,200
•    End-to-end testing: $0
•    Super bill conversion: $0

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