The healthcare industry's readiness to meet the ICD-10 Oct. 1, 2014, compliance date continues to be slow, according to recently-released MGMA research.
The study cited the lack of communication between physician practices and vendors as the greatest concern, and found more than 52 percent of respondents have not heard from their practice management system vendors regarding software changes.
Other findings include:
• 4.8 percent of practices have made "significant progress" when rating overall ICD-10 readiness.
• 11.9 percent said external testing with their clearinghouse has started or is complete.
• 60 percent said they have not heard from their clearinghouses regarding a testing date.
• 5.9 percent said internal testing has begun or is complete with practice management software, 4.7 percent with their EHR.
More Articles on Coding, Billing and Collections:
If You Recruit the Surgeons to Expand Services, They May Not Come!
revMD Acquires Healthcare Coding, Billing Firm MedRev Index
Surgery Centers vs. HOPDs: New Legislation Seeks to Narrow the Gap
The study cited the lack of communication between physician practices and vendors as the greatest concern, and found more than 52 percent of respondents have not heard from their practice management system vendors regarding software changes.
Other findings include:
• 4.8 percent of practices have made "significant progress" when rating overall ICD-10 readiness.
• 11.9 percent said external testing with their clearinghouse has started or is complete.
• 60 percent said they have not heard from their clearinghouses regarding a testing date.
• 5.9 percent said internal testing has begun or is complete with practice management software, 4.7 percent with their EHR.
More Articles on Coding, Billing and Collections:
If You Recruit the Surgeons to Expand Services, They May Not Come!
revMD Acquires Healthcare Coding, Billing Firm MedRev Index
Surgery Centers vs. HOPDs: New Legislation Seeks to Narrow the Gap