Preparing for ICD-10 Transformation
ICD-10 provides a once in a lifetime opportunity for payers to streamline their operations and create new value-added services that can bring strategic advantage. With deadlines for compliance to HIPAA 5010 and ICD-10 pushed back significantly, healthcare entities now have more time to put together appropriate approaches to address these two issues in a more strategic manner.
While ICD-10 brings a significant amount of complexity, it also provides great opportunity for improving processes. Since many of the clinical and financial decisions in a payer enterprise are based on ICD codes, the impact of the changeover from ICD-9 to ICD-10 will touch all areas of the enterprise -- making this transition truly transformational.
This paper looks beyond ICD-10 compliance and examines what the mandate means for business transformation. It also recommends key areas of focus, approaches and best practices to ensure a smooth transition and realize maximum benefit.
Click here to learn more about how you can prepare for a successful ICD-10 Transformation.