The official deadline for ICD-10 implementation is Oct. 1, 2014. While this may seem like a distant date now, executing a seamless transition plan will take deliberate planning and strategizing on your part.
Although the deadline is two years away, you can follow these steps now to help minimize your stress level in the months leading up to implementation:
- Identify who will assume overall responsibility for managing the transition. This can be one staff member or a collaborative group, depending on the size of your practice.
- Contact your vendors, colleagues, affiliated practices, clearinghouses, and any other involved parties to determine their plans for ICD-10 and your specific next steps.
- Start thinking now about a realistic budget. This should include costs such as software and hardware upgrades, staff training, and vendor transition fees.
TMA's new webinar, ICD-10 Starts with Physicians: A Primer for Beginning the Process, reviews the new coding standard, explains the differences from ICD-9, and offers directions for the first steps you should take. This continuing medical education program will give you a head start into the planning process and includes an interactive Q&A session with Denny Flint, president of Complete Practice Resources.
Starting preparations now, delegating responsibilities, and developing a month-by-month plan will help ensure that your practice is not overwhelmed when the implementation date finally arrives.
The January issue of Texas Medicine has more information on what you need to do to prepare for ICD-10.
For additional questions or services, contact TMA's certified coders by email or at (800) 880-1300, ext. 1414, or (512) 370-1414.
Action, Jan. 4, 2013