Jul 29, 2013

Will the ICD-10 Switch Cost Me Money?

Moving from ICD-9 to ICD-10 will result in lost revenue. It is unavoidable. Practices can expect a 20-percent to 40-percent loss of productivity in the first three to six months after ICD-10 takes effect on Oct. 1, 2014, says Denny Flint of Complete Practice Resources in this video interview with TMA Practice Management Consultant Heather Bettridge.

Practices that prepare well in advance for the change will fare best, Mr. Flint noted. TMA can help you prepare. Visit our ICD-10 Video Vault for more quick Q&As covering a variety of ICD-10 topics. Be sure to bookmark TMA’s ICD-10 resource page for news, tools, education, and updates.

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