Transcript ICD-10 Delay - How Do You Regain Balance?

ICD-10 is Delayed!
How do you Regain Balance?
Nicolet A. Araujo RHIA
Principal, PCG
naraujo@primeauconsultinggroup.
com
Commonly Heard Concerns about ICD-10
• Too costly to small physician practices
• Too many new codes
• Too many “weird” codes
Importance of ICD-10
• Lowering the cost of healthcare
• Preventing fraud, waste and abuse
• Increasing Administrative efficiencies
• Improvements in quality measurement,
public health monitoring and research –
translating into improved quality
How Did This Happen?
H.R. 4302 – Protecting Access to Medicare Act of 2014
Timeline:
• H.R. 4302 passed on March 27 via voice vote
by House
• S.2157 proposed on March 31 but rejected
by Senate
• H.R. 4302 passed on March 31 by Senate
• H.R. 4302 signed into law by President
Obama on April 1, 2014 (April Fool’s Day)
What is the Impact?
• Software/EHR products
• Hospital/Physician Group Implementation
Projects
• ICD-10 Education Schedules
• Coding Educational Programs
What is the Impact? (cont.)
• Quality
• Population Health
Coalition for ICD-10
• Healthcare Industry Advocacy Group
• Calling for a firm new implementation date for
ICD-10
• [email protected]
Now What?
• Recoup monies already spent through actionable
solutions
• Implement practical solutions to be better prepared
1. Clinical Documentation Improvement
2. Business Process Redesign
Thoughts and Thanks
Discussion
• Questions and Answers
Thank – you
• Contact Info:
Nicolet A. Araujo RHIA
Principal, PCG
[email protected]