Physician Practices Far Behind on ICD-10 Preparation

Less than 5 percent of physician practices say they have made significant progress on meeting the Oct. 1, 2014, deadline for ICD-10, according to an MGMA-ACMPE survey of 1,200 medical groups where more than 55,000 physicians practice.

Respondents said their greatest concern is the lack of communication and coordination between physician practices and claims clearinghouses, and vendors of electronic health record (EHR) and practice management systems regarding software updates and testing, which has not yet occurred.

“The transition to ICD-10, with its substantial impact on documentation of clinical care, physician productivity and practice reimbursement, is unprecedented,” MGMA president and CEO Susan Turney, MD said in a statement. “It is proving to be one of the most complex and expensive changes our healthcare system has faced in decades. Adding to the implementation challenge and clearly taxing all stakeholders, ICD-10 will arrive at the same time that a number of other transformative federal policies go into effect, such as health insurance exchanges and Stage 2 of the CMS Meaningful Use EHR Incentive Program.”

Posted in Physicians.