MGMA finds practices in the dark about ICD-10
Thepublished research Thursday that suggests overall readiness of the industry to meet the Oct. 1, 2014, compliance deadline continues to be a concern.
[ICD10Watch: What to expect from EHR vendors during ICD-10 transition.]
- Lack of response from vendors. More than 52 percent of respondents indicated they had not heard from their practice management system vendor regarding when software changes would be available to the practice. Almost 50 percent had not heard from their EHR vendor.
- Lags in internal software testing. Only 5.9 percent of respondents reported that internal software testing has begun or is complete with their practice management software vendor and 4.7 percent with their EHR vendor.
- External testing delays. Just 11.9 percent of respondents reported that external testing with their clearinghouse has started or is complete. Almost 60 percent reported that they have not even heard from their clearinghouse regarding a testing date. Only 8.6 percent have started or have completed testing with their major health plans, with a concerning 70 percent stating that they have not heard from their major health plans.
- Low confidence for a successful transition. Nearly 60 percent of respondents stated they are “slightly” or “not at all confident” that their major health plans will be ready to meet the Oct.1, 2014, compliance date.
- Concern about changes to clinical documentation. Among a number of implementation concerns, 88 percent are concerned or very concerned about the expected changes to clinical documentation; 87.5 percent are concerned or very concerned about the loss of clinician productivity after implementation; and 81.1 percent of respondents indicated they are concerned or very concerned with the overall cost of switching to ICD-10.
- Absorbing costs for transition. Only 32.5 percent of respondents report that their cost to upgrade or replace their practice management system software will be covered by their vendor. Only 37 percent say their vendor will cover the cost to upgrade/replace their EHR.
- Cost of transition. For those organizations that must cover the costs themselves, the average cost for a 10-physician practice to upgrade or replace their practice management system and EHR software to accommodate ICD-10 is $201,690.
From Healthcare IT News: ICD-10 survey yields cloudy results