59% of providers anticipate slow claims processing post-ICD-10

An AHIMA and eHealth initative survey has found more than half of providers, 59 percent, expect to experience difficult, slower claims processing following the transition to ICD-10, according to a RevCycleIntelligence report.

Advertisement

Despite concern over slowed claims processing, only one third of providers expect to see a decrease in revenue. Here are four things to know about provider expectations.

    •    41 percent expect ICD-10’s increased specificity and detail will improve claims accuracy
    •    27 percent expect ICD-10 to boot patient safety
    •    14 percent expect the new code set will have no significant impact on revenue cycle management
    •    6 percent expect their revenue to improve after the ICD-10 transition is complete

More articles on coding and billing:
3 updates on healthcare price transparency
8 ASCs join Pricing Healthcare platform
2 tips for ENT coding & billing

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.