With 16 months left before the CMS expects the healthcare industry to flip the switch to ICD-10, physicians are still expressing significant worries with the readiness of the technology that has to be upgraded to pull it off. They're also signaling resignation that the long-delayed conversion will really happen this time.
In a survey of more than 1,000 office-based physician practices by the trade group MGMA, more than half of the respondents indicated they were “very concerned” about the overall cost of the conversion to the new diagnosis and procedure codes, scheduled for Oct. 1, 2014.
Roughly 70% said they were very concerned that it will make clinicians less productive, and the same percentage were very concerned about changes to clinical documentation.