Accelerated Medical Practice Blog

A healthcare technology blog, sponsored by White Plume Technologies.


Plan Now or ICD-10 Will Cost More

Posted by on in ICD-10

There is a potentially exponential problem ahead: ICD-10. The cost for medical practices to implement the new coding requirements seems to be growing daily as new hurdles are uncovered. 

money-gapBeth Mahan, Principal at Booz Allen Hamilton's healthcare division, advised practices in a recent InformationWeek Healthcare article,

"Providers should start planning and working now to reduce current coding backlogs. In addition, providers should work to clear aged accounts receivable and open enable staff resources to focus on supporting ICD-10 claims and monitoring for trends. This will help reduce the need for external or additional resources.”

“The need for external or additional resources,” alludes to the fact that ICD-10 will be yet another expensive advancement in the American healthcare system. Unfortunately, providers will have to bear the full cost of ICD-10 without subsidies or inducements from Washington. Preparing for the quickly-approaching October 1, 2014 ICD-10 changeover (including a budget) is crucial.

For more information on ICD-10, click here.

   white plume platform

ICD-10 Threatens

Physician Productivity

and Cash Flow

Learn More

START IMPROVING YOUR PRACTICE TODAY.  Contact us for additional information.

Accelerated Medical Practice Latest Blog Posts

Washington Update on ICD-10 - March 2015
February was a busy month in Washington DC for parties interested in ICD-10.  The big question on everyone’s mind i...
The Danger of Unspecified ICD-10 Codes
Everyone is familiar with the external cause codes in ICD-10.  We have hear examples of walking into a lamppost, bi...

Latest News White Plume In The News