Nearly half of providers, 45 percent, are concerned about interacting with accounting and billing systems when utilizing ICD-10 codes, according to a HealthData Management report.
Here are three statistics on the top concerns for ICD-10 and health IT infrastructure:
• 39 percent are concerned about EHR systems
• 37 percent are concerned with analytics software
• 33 percent are concerned with health information exchange
Here are four statistics on the impact providers expect from ICD-10 during the first year of compliance:
• 38 percent believe revenue will decrease
• 14 percent believe revenue will stay neutral
• 6 percent believe revenue will increase
• 26 percent have not conducted a revenue impact assessment
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Here are three statistics on the top concerns for ICD-10 and health IT infrastructure:
• 39 percent are concerned about EHR systems
• 37 percent are concerned with analytics software
• 33 percent are concerned with health information exchange
Here are four statistics on the impact providers expect from ICD-10 during the first year of compliance:
• 38 percent believe revenue will decrease
• 14 percent believe revenue will stay neutral
• 6 percent believe revenue will increase
• 26 percent have not conducted a revenue impact assessment
More Articles on Coding and Billing:
90% of Physicians Rely on Traditional Fee-for-Service Model
5 Methods for All-Star Managed Care Contracting Negotiations
Payment Predicament: The Evolution of Managed Care Contracting Challenges