The AMA estimates the cost ICD-10 implementation will cost physician practices between $83,290 and $2.7 million, depending on the practice size.
In June, the AMA House of Delegates began to lobby for a two-year delay of ICD-10 implementation.
More Articles on Coding and Billing:
AMA: 3 Recommendations for Payment Models That Support Team-Based Healthcare
4 Benefits of ICD-10
Medical Billing Checklist: 10 Key Items
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.