CMS’ July 12, 2012 News Update on “Steps to Assess How the ICD-10 Transition will Affect your Organization” reinforces what HCIM and AXIOM explained in our “ICD-10’s Impact on your Business” webinar series:
- Even if the ICD-10 deadline is delayed, it’s still critical to continue with the implementation in order to not lose momentum and leave plenty of time for testing.
- An ICD-10 impact assessment is essential to identifying exactly how your organization will be affected by the ICD-10 code sets, including:
- Documentation revisions
- Staff training on new codes and processes
- Reimbursement model review and updates
- Technology and claims system compatibility
- Vendor contract and systems updates
- Business process and workflow revisions
- Time required for implementation and testing
- Additional resources required - A thorough impact assessment will help your organization to establish a solid implementation plan and avoid costly mistakes.
For information on HCIM’s ICD-10 Impact Assessment services, please contact Laurie Kirkland at lkirkland@hcim.com or 949-290-6445.