The AMA argued ICD-10 will be costly to implement, estimating costs for a physician’s practice could range from $83,290 to more than $2.7 million depending on the size of the practice.
Additionally, the AMA said the timing of ICD-10 “could not be worse” as physicians are also installing electronic health records.
ICD-10 has already been delayed once — CMS delayed implementation from Oct. 1, 2011, to the current deadline — but CMS has said it does not expect to delay ICD-10 implementation again.
Related Articles on ICD-10:
Henry County Health Center CIO: Don’t Start ICD-10 Transition Without Warning Staff
AMA Delegates Voice Disdain for ICD-10 Transition
3 Challenges for Physicians Regarding ICD-10
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.
