Anxiety is culminating as the October 1st deadline for ICD-10 is rapidly approaching. According to a survey administered by Porter Research (commissioned by Navicure) in August, 85% of respondents believe they will be ready for the implementation of ICD-10, but 57% also claim they are not on track for it as of right now.
Moreover, Workgroup for Electronic Data Interchange findings indicate that larger providers are prepared for the ICD-10 implementation; meanwhile, smaller providers are likely to have claims and cash flow disruption. The biggest concern about ICD-10 is cash flow disruption, but some other issues include negative impacts on clinical documentation, patient experience and staff productivity.
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