1 ADVANCE for Executive Insight
1 ADVANCE for Executive Insight
1 ADVANCE for Executive Insight
- No tags were found...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
evenue cycle management<br />
The Not-So-Soft<br />
‘Soft’ Impacts<br />
of ICD-10<br />
The time to baseline processes is now.<br />
By Patrick McNeese<br />
Now that the decision on the ICD-10 compliance date has<br />
been announced, it’s a good time to take a step back from<br />
mapping, translating and evaluating codes and look at some<br />
of the so-called “soft” impacts associated with the ICD-10 trans<strong>for</strong>mation.<br />
Prepare <strong>for</strong> Productivity Loss<br />
Loss of productivity <strong>for</strong> virtually everyone engaged in using the<br />
new code sets is viewed as one of the “soft” impacts that may be<br />
difficult to measure empirically, but will undoubtedly translate into<br />
significant financial shortfalls <strong>for</strong> many organizations.<br />
In 1999, Australia transited to ICD-10 and experienced a<br />
productivity loss higher than 25 percent that did not return to<br />
pre-transition levels <strong>for</strong> more than a year. Canada experienced<br />
increased productivity losses following their transition in 2004<br />
and never returned to pre-transition levels. I am not a seer or<br />
an expert but the general consensus is that the U.S healthcare<br />
space will experience similar productivity losses exacerbated by<br />
being the first nation to incorporate ICD-10 into reimbursement<br />
methodologies.<br />
An overall loss of more than 25 percent that extends beyond a<br />
year does not sound “soft” to me at all; rather it appears as be a proverbial<br />
ICD-10 “elephant in the room” that needs to be addressed.<br />
Organizations should be baselining processes now. ICD-10 impacts<br />
may be completed and the productivity warnings issued.<br />
Understand the operational areas where productivity may be most<br />
impacted and measure current productivity levels. How long does<br />
it take <strong>for</strong> an experienced coder to complete a claim submission<br />
on a simple procedure? How long <strong>for</strong> an inpatient stay?<br />
Remember that the simplest claim submission under ICD-<br />
10 looks like a medium complexity submissions in ICD-9. As<br />
painful as it is to think about that, there will be<br />
more than 300 ways to code a diabetes claim.<br />
How long does it take <strong>for</strong> a talented claims examiner<br />
to evaluate a simple suspended claim?<br />
Patrick McNeese is business solution manager and<br />
ICD-10 practice lead, DST Health Solutions LLC.<br />
38 <strong>ADVANCE</strong> <strong>for</strong> <strong>Executive</strong> <strong>Insight</strong>