ICD-10 planning gains traction since last year, says AHIMA
The number of organizations that have begun either planning or implementation of the transition to ICD-10 has risen to 85 percent, a significant uptick from the 62 percent reported one year ago. That's according to an August 2011 survey by the American Health Information Management Association (AHIMA).
While the survey shows a significant increase in the number of health organizations that have at least begun conducting impact analyses, there is still a lot of work to be done before the Oct. 1, 2013 compliance date.
“Because the scope and complexity of the transition are significant, it is critical for organizations to plan their implementation strategies carefully in order to leverage ICD-10 investments and move beyond mere compliance to attain a strategic advantage” noted a press release from AHIMA detailing its latest survey results. “Organizations that are not prepared could face major billing headaches and loss of compensation since claims submitted after the October 2013 deadline not using the upgraded coding language will be rejected.”
Since the previous survey in August of last year, organizations have also advanced in creating budgets for ICD-10, as well as assessing what the organization’s training needs will be for implementation. Even though many more are doing this work, only 49 percent of respondents who have begun their planning reported that they have begun to make changes based on their assessments.
Lack of resources were mentioned as a roadblock to conducting planning and implementation activities among the in-patient respondents, while other organizations noted the largest concern was a lack of executive commitment in the non in-patient settings.