WEDI Offers ICD-10 Help for Small Practices | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

WEDI Offers ICD-10 Help for Small Practices

March 4, 2015
by Rajiv Leventhal
| Reprints

The Workgroup for Electronic Data Interchange (WEDI) has released a white paper to help small providers with ICD-10 testing.

The white paper, by WEDI’s ICD-10 Testing subworkgroup, provides physician practices with a starting point for ICD-10 testing by focusing on primary considerations and steps for external testing with payers to ensure compliance with the Oct. 1, 2015 implementation date.

In regards to small providers specifically, research from the Professional Association of Health Care Office Management, published recently in the Journal of the American Health Information Management Association, found that ICD-10 expenditures will not be as significant as once estimated. The results found that the surveyed practices spent an average of $8,167 on ICD-10 implementation, while individual providers spent an average of $3,430. According to the researchers in that study, there are now three studies documenting that ICD-10 implementation costs in small physician practices are dramatically lower than originally reported in the widely publicized American Medical Association (AMA)-funded study, which estimated the cost for a small practice to implement ICD-10 was in the range of $22,560-$105,506.  

Nonetheless, for small provider organizations, there are various challenges that this paper attempts to address. “For many small provider organizations, the uncertainties surrounding the impending ICD-10 transition can be daunting. For this reason, the ICD-10 subworkgroup has structured the paper as an easy-to-follow instructional guide, addressing the who, what, where, when, why and how of the testing process,” Devin Jopp, president and CEO, WEDI, said in a statement.

Get the latest information on Health IT and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More

Topics

News

Adam Boehler Tapped by Azar to Serve as Senior Value-Based Care Advisor

Adam Boehler, currently director of CMMI, has also been named the senior advisor for value-based transformation and innovation, HHS Secretary Alex Azar announced.

Vivli Launches Clinical Research Data-Sharing Platform

On July 19 a new global data-sharing and analytics platform called Vivli was unveiled. The nonprofit group’s mission is to promote, coordinate and facilitate scientific sharing and reuse of clinical research data.

Survey: More Effective IT Needed to Improve Patient Safety

In a Health Catalyst survey, physicians, nurses and healthcare executives said ineffective information technology, and the lack of real-time warnings for possible harm events, are key obstacles to achieving their organizations' patient safety goals.

Physicians Still Reluctant to Embrace Virtual Tech, Survey Finds

While consumers and physicians agree that virtual healthcare holds great promise for transforming care delivery, physicians still remain reluctant to embrace the technologies, according to a new Deloitte Center for Health Solutions survey.

Geisinger, AstraZeneca Partner on Asthma App Suite

Geisinger has partnered with pharmaceutical company AstraZeneca to create a suite of products that integrate into the electronic health record and engage asthma patients and their providers in co-managing the disease.

Analysis: Healthcare Ransomware Attacks Decline in First Half of 2018

In the first half of 2018, ransomware events in major healthcare data breaches diminished substantially compared to the same time period last year, as cyber attackers move on to more profitable activities, such as cryptojacking, according to a new report form cybersecurity firm Cryptonite.