During our webinar on the topic of ICD-10: The New Timeline, MDeverywhere conducted three polls which generated the following results:
- 56% of our participants were either behind schedule or had not yet started their ICD-10 transition
- 24% either had no update from their vendor or didn’t know if their vendor was ICD-10 compliant
- 68% had not planned or allocated for the 6 month financial security net that’s being recommended to cover the expected disruption in cashflow when ICD-10 goes live
While the decision to delay ICD-10 to October 2015 was frustrating to the many practices, hospitals, vendors and service providers who were prepared and had invested heavily to meet that October 2014 deadline, our poll results indicate there are just as many, if not more, who were relieved with the delay.
What we do know is we now have until October 2015 to prepare for ICD-10 and finally catch up with the rest of the civilized world in documenting, coding and reporting on medical conditions commonplace in the 21st century.
View the 30-minute webinar to see the rest of the poll results and the steps to take now to be ICD-10 ready for October 2015.