By: Murray Mitchell, Revenue Cycle Product Manager
CMS has announced it will consider a delay in the implementation of ICD10 beyond the original date of October 1, 2013. How long will they extend it and what does it mean? Does CMS need more time, or are there political reasons to delay, maybe to make nice with the AMA? At this point, it appears there are more questions than answers about this major industry transition.
So, be truthful, were you going to be ready? Will you keep your timeline now or relax? Recent online surveys have revealed that a large majority of respondents are in favor of keeping the original deadline. Are these responses from people that were going to be ready anyway?
If you are guessing about the length of the delay, here are some possibilities:
A delay might be a reasonable action to take. Many may feel that other, parallel priorities already are interfering with preparation – like 5010 conversion, meaningful use, electronic health records, and denial management issues.
While everyone waits for answers and a decision from CMS, here are some things to do:
Frank Newlands, M.D.