Will the current implementation date of October 1, 2015 hold or won’t it? That seems to be the big question on everyone’s mind when it comes to ICD-10 this year. The original implementation deadline has already been delayed twice– from October 1, 2013 to 2014, and then eventually to this year. As it is, the United States is the only industrialized country not using the “new classification system” (is it really still “new” if it was developed in 1992??) and it’s still not certain whether or not the 2015 deadline will stick.
Last week, seven witnesses testified before a subcommittee of The House Energy and Commerce Committee about the benefits and downsides to ICD-10 implementation. HCPro’s ICD-10 Trainer Blog does a good job of summing up the meeting, and I suggest everyone take a moment to read their full post, but in a nutshell:
- Six witnesses were in favor of ICD-10, one was against. The committee members seemed to fall somewhere in between.
- The general consensus was we need ICD-10, and we need it sooner rather than later (though the witnesses and committee members had different definitions of “soon”).
- Some think preparing for ICD-10 will be costly (and cite that as their number 1 concern), others disagree.
- The committee members are concerned about preparedness. Allowing organizations to dual code for a year has been presented as a solution, but will that really help?
Where do you and your organization fall on the ICD-10 debate? Will you be ready if the deadline sticks or are you starting to feel the pressure?
Share your thoughts about the great ICD-10 debate with us in the comments below — we’d love to hear from you. We’ll randomly select one commenter on Friday, March 20 to win a $25 Amazon gift card!
P.S. Schedule a 15-minute conversation to see how the HealthcareSource eLearning Library can help ensure you’re ready for ICD-10, regardless of the deadline, or download our Accelerated ICD-10 eLearning Datasheet here to learn more: