Healthcare industry in US brings one more change as most innovative of itself. We all know about ICD codes. From past decades US healthcare Industry was working of ICD 9 codes. Now to drill down more appropriate coding as per disease and increase in various health issues Healthcare industry in world had taken steps and introduced new range of coding and named them as ICD 10. Different parts of world have already started using ICD 10 in their healthcare insurance but US being one of the vast and biggest contributor in this industry is now changing to ICD 10.
ICD 10 is equivalent to learning another language and this will require proper training and education.
In US the pace at which hospital administrators , health professionals and compliance employees are moving toward this ICD 10 transition has raised concern among Healthcare industry leaders. As per Latest survey about 20 percent of small and mid sized hospital have yet to begin any education or training for what's been billed as once the biggest of US healthcare industry of World healthcare industry shifts to ICD 10.
The surveys says that nearly half are lagging behind on the centers for Medicare and Medicaid services timelines for ICD 10 preparation Surveys results shows that 40 percents of have not begun ICD 10 CM Training for coding staff , 55 percents have not begun ICD 10 PCS training for coding staff , 47 percent have not begun document improvement education for medical staff and about 31 percent do not plan to dual code prior to Oct 1 ,2014.
It is clear that the industry is not making the amount of progress that is needed for a smooth transition Factors that are contributing to this slow progress includes the change of compliance dates , completing internal priorities and other regulatory mandates. Also despite they know they have to change to ICD 10 respondents are planning to submit ICD 10 coded claims to payers for testing prior to the transition.
