Close to 200 AHIMA members participated in the 2012 AHIMA Capitol Hill Day, which took place in Washington D.C. in March. Watch the video for a slideshow of images from the 2012 AHIMA Hill Day.
An article in Health Affairs titled “There Are Important Reasons For Delaying the Implementation Of The New ICD-10 Coding System” asserts that the ICD-10-CM conversion will be “expensive, arduous, disruptive, and of limited direct clinical benefit.”
Contrary to the conclusions in this article, implementation of the ICD-10-CM and ICD-10-PCS code sets will provide major advantages over the existing ICD-9-CM code set. Implementation is long overdue and will provide significant cost benefits.
On the same day that a proposed delay for ICD-10 compliance officially hit the books, the Centers for Medicare and Medicaid Services (CMS) reiterated Tuesday they are committed to eventually implementing ICD-10. Giving a “State of the Union” on ICD-10 at Tuesday’s ICD-10 Summit in Baltimore, CMS acting deputy director of the Office of E-Health Standards and Services, Denise Buenning, MsM, explained why a delay and official implementation of the code set is essential for the healthcare industry.
Crystal balls and tea leaf readings are not the only ways to foresee the impact ICD-10 will have on a hospital’s bottom line. Advanced analytics can be used to understand how payments will change when using ICD-10 codes.
The proposed ICD-10 delay and how it impacts industry preparation plans was one of several hot topics permeating two days of sessions, April 16-17, at AHIMA’s 2012 ICD-10 Summit in Baltimore. This concern was reiterated Tuesday during the final session of the Summit, “Reflections of the 2012 ICD-10 Summit Reactor Panel,” where presenters and subject matter expert attendees recapped their main takeaways from the event.