The Physicians Foundation — a nonprofit organization that seeks to advance the work of practicing physicians — identified five critical areas that will have major impact on practicing physicians and their patients in the next year, and included the impact of ICD-10 as one of the areas.
The Physicians Watch List for 2015 is based on the foundation's insights into the medical practice landscape, and is supported by data from its 2014 Biennial Physician Survey that includes responses from 20,000 physicians.
According to the Physicians Watch List for 2015, the implementation of ICD-10 will be highly disruptive for physicians and their medical practices. The biennial survey showed that 50 percent of respondents believed ICD-10 will cause severe administrative problems in their practices.
Although the federal government delayed the implementation of ICD-10 to Oct. 1, 2015, physicians cannot afford to delay planning and engagement.
More articles on medical coding and billing issues:
House Energy & Commerce Committee to hold ICD-10 hearing in 2015
Meridian Medical Management acquires Origin Healthcare Solutions
42.9M Americans have unpaid medical bills: 3 quick points to know