ICD-10: How is Your Transition Going? | FTI Consulting

ICD-10: How is Your Transition Going?

Healthcare & Life Sciences

October 1, 2014

With repeated delays in the timetable for ICD-10 implementation, the U.S. healthcare community has been left guessing. Most recently, Congress and the Centers for Medicare and Medicaid Services (CMS) pushed back the implementation date to October 1, 2015. The American Medical Association (AMA), American Health Information Management Association (AHIMA), and other organizations continue to lobby in the background and many in the healthcare industry anticipate additional delays in the future. Meanwhile, providers, payers, clearinghouses and everyone in between have been working feverishly to adapt.

The good news is the new implementation date of October 1, 2015 allows an extra 12 months to prepare. But this is no time to breathe easy; a myriad of challenges and obstacles await you. Luckily, there is plenty you can be doing with the extra time to get your healthcare organization or physician practice ready:

  • Assemble your ICD-10 transition team - Most organizations have already convened a team of organizational leaders, administrators, physicians and representatives from medical records, HIM, coding, clinical documentation, quality, IT, data and finance to coordinate ICD-10 transition efforts. If you have not, then now is the time to assemble your team. If you have, bring them together to reset and talk next steps.
  • Update your implementation strategy - Your written plan should include a detailed timeline and budget, a list of key stakeholders and approvers, defined task assignments and deadlines, a summary of key systems and reports, and identification of potential roadblocks and hurdles. Update your plan with the revised October 2015 deadline in mind. Now is also the perfect time to supplement your plan to incorporate new areas you did not have time to address previously.

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