KPMG survey: 5 findings on the ICD-10 transition

Twenty-eight percent of organizations said that the ICD-10 transition has been smooth, according to KPMG survey.

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The survey includes responses from 298 attendees of a webcast titled “ICD-10: Just the Beginning.”

Here are five findings from the survey:

1. Twenty-eight percent saying the transition has been smooth and another 51 percent said they found a few technical issues, but the transition was successful overall.  

2. About 11 percent described the transition as a “failure to operate in an ICD-10 environment.”

3. Survey respondents said the largest challenges they see with ICD-10 include rejected medical claims, clinical documentation, physician education, reduced revenue from coding delays and information technology fixes.

4. 46 percent of respondents said they were thinking of pursuing initiatives in clinical documentation improvement, revenue cycle optimization, and electronic health record and IT system optimization.

5. However, 25 percent were pursuing none of the aforementioned options.

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