Helping Physicians Succeed in an ICD-10 World
By Stephen McClure, marketing manager-content, HealthStream
As the healthcare industry draws closer to the go-live date, ICD-10 remains a polarizing topic among healthcare professionals. While some healthcare organizations are actively preparing for a strategic rollout, others are, more or less, bracing for impact.
In April 2012, CMS extended the ICD-10 implementation deadline to Oct. 1, 2014, at the request of some physicians, hospitals, and other industry stakeholders. Since then, the American Medical Association (AMA), in partnership with other groups, has urged CMS to eliminate ICD- 10 implementation altogether due to the significant administrative and financial burden it imposes on physicians. There is no sign this will happen, however, or indication of any further postponement.
In fact, the acting CMS Administrator, Marilyn Tavenner, recently stated, "Many in the health industry are under way with the necessary system changes to transition from ICD-9 to ICD-10. Halting this progress midstream would be costly, burdensome, and would eliminate the impending benefits of these investments."
ICD-10 Complements Our More Advanced Healthcare System
There are many differing opinions concerning the transition to ICD-10. But, in reality, ICD-10 is necessary to all levels of a technologically progressive healthcare system. Given the magnitude of change happening in the U.S. healthcare delivery system, ICD-10 is a natural and necessary advancement that will address the critical gaps and operating flaws inherent in ICD-9, which was developed more than 30 years ago. Since then, healthcare science and technology have greatly advanced, making ICD-9 inadequate to deal with the advances in healthcare. Moreover, the content of the ICD-9 Clinical Modification (CM) was not designed to be used as a data system for disease management, nor was it intended to support reimbursement of medical services.
ICD-9 is an antiquated classification that has a puzzling mixture of code descriptions-some very specific, and others that are so broad they fail to even identify the site of the disorder. Today, we have a system that does not always fully capture the severity of our patients' illnesses, which prevents physicians from receiving full credit for the care performed in quality reporting.
Focusing on ICD-10's Benefits is Important
To be sure, implementing ICD-10 is a major undertaking for all healthcare professionals who are faced with many other challenges, including meeting the requirements of Meaningful Use legislation. ICD-10 compels greater specificity in documentation practices; it also involves a new coding classification system and an increase from 17,000 to more than 140,000 codes.
It is estimated that ICD-10 implementation costs will range between $83,000 and $2.7 million, depending on the healthcare organization or physician practice size, according to the AMA. The Advisory Board Company calculates that the three-year incremental impact of ICD-10 could range from $2.5 to $7.1 million for a typical 250-bed hospital, with coder productivity decreasing by close to 20 percent and physician productivity taking a 10 percent to 20 percent hit due to significant increases in queries.
A white paper is available that includes:
- clinical roots: how physicians shaped ICD-10
- why physicians should care about ICD-10
- how ICD-10 data will benefit physicians
- what's the physician return on investment for ICD-10?
- case study: applying ICD-10 to crohn's disease
- a guide to taking control of ICD-10
- a list of major ICD-10 documentation changes.
Download the White Paper Here.