The costs of ICD-10 implementation for small physician practices are significantly less than some earlier estimates, according to results of a new survey by the Professional Association of Health Care Office Management.
PAHCOM, which represents office managers of hundreds of solo and small physician practices across the country, surveyed members on the cost of transitioning to ICD-10. The survey of 276 physician practices of fewer than six providers found total ICD-10 related costs for an entire practice averaged $8,167, while per provider expenditures averaged $3,430.
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