Channel Sponsor - Coding/Billing/Collections

Sponsored by National Medical Billing Services | | (636) 273-6711

6 Findings on Expectations of ICD-10 Benefits From Providers

An eHealth Initiative and American Health Information Management Association survey found most healthcare providers underestimate the benefits ICD-10 will bring practices after full implementation, according to a Healthcare Finance News report.
Providers seem to be mostly focused on the difficulty of the upcoming transition. Here are some of the survey's findings.

•    26 percent of respondents have no goals for ICD-10 other than claims processing
•    59 percent expect a decline in revenue while 20 percent are unsure of financial impact
•    16 percent expect higher revenue after implementation
•    51 percent think a potential benefit of ICD-10 will be quality improvement
•    40 percent think a potential benefit of ICD-10 will be outcome measurement
•    39 percent think a potential benefit of ICD-10 will be performance measurement

More Articles on Coding, Billing and Collections:
National Government Services, CMS Listening Sessions on ICD-10 to Take Place in July, August
5 Reasons ASC Providers Should Remain Out-of-Network
CareCloud Releases Updated Features for its Cloud-Based EMR

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months