The challenge has just begun. The US healthcare industry’s transition from the 9th Version of the International Statistical Classification of Disease (ICD-9) to the 10th version (ICD-10) has been the most significant change to be initiated across the industry in decades, but the go-live is just the beginning. Just like any technology implementation, the post-go-live initiatives are just as, if not more, important than the actual implementation. Submitting claims, having claims denied or reimbursed, using the correct codes to prepare for a looming medical record audit—these are all the things that keep an organization afloat operationally and financially.
Originally mandated in 2008, the political sphere has been delaying, and delaying, and delaying the deadline for providers to switch to ICD-10. To the industry’s surprise, this October (Oct. 1, 2015) marked the end of delaying and the beginning of ICD-10. While some organizations felt prepared, a strong majority of healthcare providers were banking on another delay, or were once ready, but because of continuous delays, had to start training and preparedness efforts from scratch.