In a recent survey of 150 high-level healthcare executives, a whopping 83% believe that the code switchover will happen on October 1, 2015, without further delays.
The survey, conducted by software testing vendor QualiTest, also found that the same percentage of executives indicated that their important health information management systems have been upgraded to software releases supporting ICD-10 and that when the new code set is implemented on October 1 their HIM systems will function properly. (These executives work primarily in large hospitals and health systems - it is widely reported that the state of readiness in physician practices is far lower).
While just 17% of execs in the survey said they expect another delay, if one member of Congress has his way, ICD-10 will never be implemented by the U.S. healthcare industry. Rep. Ted Poe (R-Tex.) has introduced H.R. 2126, the Cutting Costly Codes Act of 2015, seeking not to delay ICD-10 implementation but to prevent the code set from ever seeing the light of day. This bill appears to be getting little, if any, momentum and is unlikely to make it out of committee.
The QualiTest survey found that more than half of healthcare execs (56%) indicated that their organizations participated in end-to-end ICD-10 testing conducted by the Centers for Medicare and Medicaid Services in January 2015. And, 61% of those surveyed revealed that they plan to participate in remaining CMS end-to-end testing. At the same time, 67% said that their organizations conducted some form of ICD-10 testing with clearinghouses. Yet, in the survey, only 28% of respondents indicated that their organizations conducted any ICD-10 revenue impact testing with payers. In addition, more than two-thirds of execs (67%) said they believe that their revenue will change when ICD-10 cuts over on October 1.
To allay these kinds of concerns, the ICD-TEN Act calls for an 18-month transition period beginning with the October 1 ICD-10 implementation deadline, during which no claim submitted for payment by a provider would be denied as a result of using an unspecified or inaccurate code.
Source: Health Data Management