Continue in 2 seconds

ICD-10 Implementation Not as Costly as Feared

Published
  • June 27 2014, 2:05pm EDT

The cost for physician practices to implement ICD-10 medical diagnosis and in-patient procedure codes may not be anywhere near as high as feared, according to recent data from the American Association of Professional Coders.

According to AAPC’s Rhonda Buckholtz, vice president of education and training, a clinet analysis has found that “ICD-10 ready” medical practices with fewer than 10 providers have spent approximately $750 per person to prepare for the mandate," as reported in a podcast. "And the cost is even less for practices with 10 to 49 providers. To put this into context, AAPC has trained over 90,000 people toward some piece of ICD-10 implementation, making this cost information all the more compelling."

Register or login for access to this item and much more

All Health Data Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access

Comments