Health IT vendors and healthcare providers are far from ready to start using ICD-10, according to a recent study conducted by the Workgroup for Electronic Data Interchange and reported in Health IT Update.
In a March 15 letter to Lorraine Doo, deputy director of CMS, WEDI said a February survey of 2,600 healthcare providers, IT vendors and health plans indicates the "industry is falling behind" the ICD-10 implementation timeline.
The WEDI survey found that roughly half of IT vendors have not reached the halfway point in the product development process. More than a third of health plans have completed an ICD-10 assessment, but a quarter of them are less than halfway through the assessment. Nearly half of providers said they didn't know when they would complete an impact assessment or begin testing.
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In a March 15 letter to Lorraine Doo, deputy director of CMS, WEDI said a February survey of 2,600 healthcare providers, IT vendors and health plans indicates the "industry is falling behind" the ICD-10 implementation timeline.
The WEDI survey found that roughly half of IT vendors have not reached the halfway point in the product development process. More than a third of health plans have completed an ICD-10 assessment, but a quarter of them are less than halfway through the assessment. Nearly half of providers said they didn't know when they would complete an impact assessment or begin testing.
Related Articles on Coding, Billing & Collections:
Maryland Approves Plan for Health Insurance Marketplace
Insurance Companies Pay Members to Choose Cheaper Providers
How to Collect More Often on Spine Cases