Most Popular Stories
- AMA wants two-year delay of ICD-10
- Debate: Can mobile apps achieve what pills can't?
- Kinect works toward degree in early autism diagnosis
- Hybrid heart surgery helps patients bounce back
- Docs should be wary of anti-kickback laws when implementing HIT
- New research disputes claims EHRs improve diabetes care
Events
- 4th Annual mHealth World Congress
July 25-27, 2012 — Boston, MA - IHI's New 12-Month Triple Aim Improvement Community - Free informational calls
May 31 & June 12 - MDMA Annual Meeting
May 30th – June 1st, 2012 — Washington, DC - Northwestern Online Master of Science in Medical Informatics Program
Paid Research Reports
- Electronic health records: getting it right first time
- Cloud Computing Adoption In The APAC Life Sciences Industry
- Stakeholder Opinions: Ophthalmology - Leading brands under threat
- Genomics, Proteomics and Metabolomics in Diagnostics: Market landscape, innovative technologies and future outlook
- Healthcare Regulatory Update: The United Arab Emirates
- Point of Care Testing: Evaluating the return to evidence based medicine, novel technologies and the competitive landscape
Free Newsletter
Free Newsletter
FiercePractice Management provides the latest news, analysis, and trends to help practice leaders make informed business decisions and thrive. Sign up today to receive your FREE "insiders only" weekly email briefing!
AMA aims to halt 'massive, expensive' ICD-10
The Oct. 1, 2013, implementation deadline for ICD-10 has been looming over U.S. physicians since Health & Human Services (HHS) reset the clock in 2009 (from an original deadline of Oct. 2011). But despite admonitions from the Centers for Medicare & Medicaid Services (CMS) and consultants to get to work on adopting the new codes, not to mention first updating to 5010 billing systems, many providers are admittedly way behind schedule.
The time and expense associated with the conversion may be leading practices to procrastinate with a faint hope that CMS will again delay the deadline. And while there is still no guarantee that the latter will happen, the American Medical Association (AMA) has made it clear that it will fight to protect U.S. physicians from the burden of ICD-10 implementation.
"At a time when we are working to get the best value possible for our health care dollar, this massive and expensive undertaking will add administrative expense and create unnecessary workflow disruptions," said AMA President Dr. Peter W. Carmel in a press release. "We will continue working to help physicians keep their focus where it should be--on their patients."
The AMA also asserts that the timing of the scheduled implementation could not be worse for physician practices, many of whom are currently working to implement electronic health records (EHR) by 2015. In contrast to the demonstrated benefits of EHRs, the AMA claims that ICD-10 conversion provides no direct benefit to individual patients' care.
Also central to the AMA's argument against ICD-10 is a 2008 study found that a small three-physician practice would need to spend $83,290 to implement ICD-10, and a 10-physician practice would spend $285,195 to make the coding change.
To learn more:
- read the article from Government Health IT
- see the press release from the AMA
Related Articles:
Critical ICD-10 action items for physician practices
Most providers not getting ready for 5010
KLAS: ICD-10 procrastination a lingering issue for providers
WEDI: Providers, health plans falling behind ICD-10 timelines
Related Stories
Home
| Subscribe | Advertise | Mobile Edition | RSS |
Privacy
| Site Map
| EditorsTHE FIERCEMARKETS NETWORKFierceEnergy | FierceSmartGrid | FierceFinance | FierceFinanceIT | FierceComplianceIT | FierceHealthcare | FierceHealthFinance | FierceHealthIT | Hospital Impact | FierceMobileHealthcare | FierceHealthPayer | FiercePracticeManagement | FierceEMR | FierceCIO | FierceCIO:TechWatch | FierceContentManagement | FierceMobileIT | FierceGovernmentIT | FierceGovernment | FierceHomelandSecurity | FierceBiotech | FierceBiotech Research | FiercePharma | FierceVaccines | FierceBiotechIT | FiercePharma Manufacturing | FierceMedicalDevices | FierceDrugDelivery | FierceCRO | FierceIPTV | FierceOnlineVideo | FierceTelecom | FierceEnterpriseCommunications | FierceBroadbandWireless | FierceDeveloper | FierceMobileContent | FierceWireless | FierceWireless:Europe | FierceCable© 2012 FierceMarkets. All rights reserved. |
![]() |
