The survey was conducted from October to December 2013. Here are other findings from the poll of healthcare organizations.
• 72 percent have allocated a budget for readiness efforts.
• 50 percent have yet to estimate the new code set’s impact on cash flow.
• 45 percent believe denials will be most impacted by the transition outside of coding and documentation.
• 28 percent plan on conducting end-to-end ICD-10 compliance testing.
• 3 percent do not plan on conducting end-to-end testing.
More Articles on Coding, Billing and Collections:
Ambulatory Surgery Centers Have Potential for Medicare Savings: Report
American Healthcare Documentation Professionals Group Develops ICD-10 Certification Training
Sustainable Growth Rate: Facts to Know
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