ICD-10 readiness information collected from 2,600 providers, health plans and vendors indicates that the industry would not have been ready on time for ICD-10 according to the Workgroup for Electronic Data Interchange (WEDI) (requires login). WEDI submitted the report to CMS on March 19, 2012.
50% of the provider community hasn’t completed an impact assessment, one third of providers won’t begin external testing until 2013, one fourth of health plans haven’t completed their ICD-10 assessment, and only about half of all HIT vendors have completed modifications to their software to support ICD-10.
From an ICD-10 implementation consulting perspective, HIPAA covered entities should be continuing to move ahead on their ICD-10 transition and interoperability plans.
The CMS delay in the ICD-10 transition should be used wisely. Rather than be a license to start the process later, organizations should use the time to have extended testing (which also further builds competency), establish good governance and policies, metrics, develop good vision and strategy which before might just have been
we have to comply instead of
this is what we can do strategically. It’s also a good time to review and improve processes and see if there are opportunities to streamline or change some roles, and engage third parties in those discussions.