The Clock's Ticking - 05/13/2016
Thanks to objections from the Texas Medical Association and others, the U.S. Department of Health and Human Services last year granted physicians a reprieve from switching to the ICD-10 coding system, moving the deadline from Oct. 1, 2013, to Oct. 1, 2014. But the Centers for Medicare & Medicaid Services was only willing to delay implementation for a year, thus, barring some unforeseen circumstances, ICD-10 will become a reality in 2014. Although TMA opposes the transition to ICD-10, it is committed to helping physicians get ready for the new coding system, should CMS persist in its current trajectory. TMA, AMA, and coding experts recommend physicians plan now, as ICD-10 promises to affect every aspect of their medical practices.