7 Statistics on Reactions, Plans Sparked by ICD-10 Delay

More than 60 percent of physician practices responding to a Part B News survey had identified resources, created a project plan and contacted vendors in their preparations for ICD-10, according to a Medical Economics report.

Advertisement

How did physician practices respond to the unexpected delay in the deadline?

•    34 percent said they would have been ready for the initial deadline, but are glad to have the additional time
•    31 percent said they were disappointed
•    20 percent said they were frustrated because physicians will now put off training
•    13.5 percent said they were happy because they would have been ready

What will physician practices do now that the delay is official?

•    More than half will reset their ICD-10 preparation timeline
•    22 percent will continue with their current plan
•    6 percent will create an entirely new plan

More Articles on Coding and Billing:
6 Tips for Selecting a Billing Services Company
How ASC Leaders Can Make the Most of the ICD-10 Delay: Q&A With Betty Gomez of ZirMed
5 Tips for Medical Groups to Take Advantage of ICD-10 Implementation

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.