AMA Votes to “Vigorously” Stop ICD-10

November 16, 2011
83 Views

 

 

Yesterday, the House of Delegates of the American Medical Association voted “to work vigorously to stop implementation of ICD-10,” according to the news release on AMA’s website. AMA’s presdient, Peter W. Camel, MD stated, “The implementation of ICD-10 will create significant burdens on the practice of medicine with no direct benefit to individual patients’ care. At a time when we are working to get the best value possible for our health care dollar, this massive and expensive undertaking will add administrative expense and create unnecessary workflow disruptions. The timing could not be worse as many physicians are working to implement electronic health records into their practices. We will continue working to help physicians keep their focus where it should be – on their patients.”
According to a 2008 study by Nachimson Advisors, LLC the implementation cost for a three-physician practice could be as much as $83,290, while a 100-physician practice might pay more than $2.7 million (Table 1). (View the full study)
At a time where healthcare providers are struggling with other costly competing priorities such as Meaningful Use, etc. Does the potential financial savings of stopping the implementation of ICD-10 outweigh all of the benefits of converting to ICD-10? Will CMS make another extension past the October 1, 2013 deadline?


You may be interested

Where Is The Balance? Pushing Back Against Consumer Health Tech
eHealth
3 views
eHealth
3 views

Where Is The Balance? Pushing Back Against Consumer Health Tech

Larry Alton - August 18, 2017

When Republican Congressman Jason Chaffetz glibly remarked that Americans struggling to afford insurance should choose between that and their smartphones,…

What to Look for in Patient Solutions Software
eHealth
365 views
eHealth
365 views

What to Look for in Patient Solutions Software

Robert Cordray - August 17, 2017

The medical sector is one area where technology has had a significant impact, largely by providing tools that simplify many…

Can Natural Remedies Like RediCalm Decrease Stress and Anxiety?
Wellness
2 views
Wellness
2 views

Can Natural Remedies Like RediCalm Decrease Stress and Anxiety?

Ryan Kh - August 16, 2017

According to research from the National Institute of Mental Health, anxiety disorders are the most common mental illness in the…