Are You Ready for ICD-10? CMS Wants to Know
The Centers for Medicare & Medicaid Services (CMS) is conducting another ICD-10 readiness assessment, according to a notice posted in the Aug. 10 Federal Register. Selected participants have until Oct. 9 to comment.
A previous assessment CMS conducted in 2011 surveyed health care providers, payers, and vendors about their awareness of and preparation for the upgrade to Version 5010 and transition to ICD-10. In that survey, 79 percent of providers said their organization was taking steps to prepare for the ICD-10 transition, and 82 percent of providers said they believe they will be compliant by the deadline.
The ICD-10 compliance deadline at the time was Oct. 1, 2013. CMS has since extended the deadline out to Oct. 1, 2014.
In a recent American Hospital Association (AHA) survey to assess ICD-10 readiness, 70 percent of the 1,000 responding hospitals thought a short delay in compliance would be helpful, with the majority favoring a delay of no more than 12 months.
Findings from the 2012 ICD-10 readiness assessment will be used by CMS to understand each sector’s progress toward compliance and to determine what communication and educational efforts can best help affected entities obtain the tools and resources they need to achieve timely compliance with ICD-10. The collected information is intended for education and outreach only, and will not be used for policy making.