SEP 1, 2010

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Cost of ICD-10 Conversion

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Education $4,745

Process Analysis 12,000

Changes to Superbills 9,950

I.T. Costs 15,000

Increased Documentation Costs 178,500

Cash Flow Disruption 65,000

Total: $285,195

 

Source: “The Impact of Implementing ICD-10 on Physician Practices and Clinical Laboratories,” prepared by Nachimson Advisors, Oct. 2008.

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