Physician practices need to prepare financially for ICD-10

February 3, 2014 6:40 pm Published by Leave your thoughts

Reason.com and JD Tuccille layout an excellent forecast of the impact of ICD-10 here.

Many software vendors will struggle to provide appropriate tools for conversion of diagnosis codes and many payers will struggle to handle the new volume of data.  All this will put the cash flow of practices at risk.  We recommend practices increase their operating capital by at least 50% in preparation for ICD-10.

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This post was written by Brian White

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