ICD-10 Delay Derails More Than IT for Health Insurers

With the delay in ICD-10, many insurers now have to slow down a mammoth IT project and, potentially more disruptive, make adjustments to a whole slew of programs and contracts.

With the delay in ICD-10, many insurers now have to slow down a mammoth IT project and, potentially more disruptive, make adjustments to a whole slew of programs and contracts.

While most payers’ ICD-10 conversions are generally ahead of organizations in other healthcare sectors, this “very late breaking change in the deadline is like throwing a great big wrench into a very complicated process that’s well underway,” as Jordan Battani, CSC’s managing director for emerging health practices, put it.

On an industry-wide level, as America’s Health Insurance Plans sees it, the delay is bound to “cause undue confusion and administrative challenges,” leaving payers and providers in “a stalled transition between two different coding systems.”

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Source: Healthcare Payer News