Survey: only 22% of health insurers are fully prepared to support ICD-10

January 5th, 2012 § Leave a Comment

from Information Week Healthcare:

“Only 22% said they were fully prepared to support ICD-10, with remediation plans in place and system upgrades underway. About 37% indicated that they were “somewhat prepared,” but not sure that they would be able to meet the deadline, while 36% were just starting to ready themselves for ICD-10. Just over 5% have not finished evaluating their IT capabilities or created a remediation plan for the new coding system.

“This is not terribly surprising,” HealthEdge executive VP Ray Desrochers, told InformationWeek Healthcare. “A lot of the largest payers got their act together early,” Desrochers said, but noted that the tier just below the biggest insurance companies did not really start on ICD-10 until this year, even though federal officials set the deadline in January 2009. “

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