Consequences of ICD-10 Delay
April 03, 2014
The ICD-10monitor reported that the ICD-10 Delay is now law after President Obama signed the Senate approved bill. Instead of switching from ICD-9 to ICD-10 on October 1, 2014, the new law extends the ICD-10 compliance date to no earlier than October 1, 2015. The one-year delay is estimated to cost $250,000 to $750,000 for a 300-600 bed hospital according to Lyman Sornberger. And the overall cost ranging from $1 billion to $6.6 billion according to AHIMA. This delay is the second delay, thus damaging the ICD-10’s credibility and increasing doubt in the new 2015 compliance date.
View the full article on ICD-10monitor: http://icd10monitor.com/enews/special-bulletin/item/1167-icd-10-delay-now-law
What is the ICD-10: http://www.cdc.gov/nchs/icd/icd10cm.htm
Wacky ICD-10 Codes:http://exclusive.multibriefs.com/content/17-specific-bizarre-icd-10-codes