Learn how our Managed Operations model provides the perfect middle ground between outsourcing and incorporating.

talk expert
Talk to
an Expert

Explore the opportunities with us.

Contact Us

Survey: Healthcare Sector Not Yet Ready for ICD-10

by: Sarah Joson

Friday, April 10, 2015 |

According to the latest survey conducted by trusted IT healthcare consultancy organization Workgroup for Electronic Data Interchange (WEDI) on the ICD-10 readiness of healthcare vendors and providers, the ICD-10 delay hit the progress of healthcare organizations hard. It is not as bright as what officials predicted.

More than 1,000 vendors, providers, and health plans joined the survey where their readiness for the ICD-10 rollout on October 1, 2015 was evaluated and analyzed. The result for vendor readiness is relatively the same since August 2014, and on the providers’ side, the segment is actually lagging behind.
Jim Daley, past chair of WEDI, said in a letter to HHS Secretary Sylvia Burwell that industry segments should work on improving their implementation efforts, or they will suffer the consequences once the ruling takes effect on October 1. Two-thirds of survey participants said they postponed ICD-10 efforts because of the delay in the rollout.
Other results from the providers’ segment are as follows:

• Of the 796 providers, 33 percent said they have already accomplished their ICD-10 impact assessments. This figure is lower than WEDI’s previous survey done back in August 2014 where 50 percent of the respondents said they had completed the task.
• Compared to the previous survey, there are more respondents in this survey who revealed that they would be completing their risk evaluations in 2015.
• The number of providers that are ready for the external testing process also decreased. Last year, it was at 33 percent - now, it’s down to 25 percent.
• As for Medicare testing, 25 percent said they already had a dry run, and 20 percent stated that they had no plans to test with Medicare.


Post a Comment

Security Image:

 function captcharefresh button


Email Address: (will not be published) (required)