Thursday, March 27, 2014

RN-CODERs PLEASE CONTACT YOUR SENATOR ASAP!

US Senate to Vote on ICD-10 Delay 
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Call your US Senators today and voice your opposition to any delay of ICD-10.  

In an early morning voice-vote, Congress PASSED a bill to fix the Sustainable Growth Rate (SGR) for physicians.   This is about physician Medicare PAY -- not about ICD10, but . . .

The language in the bill could delay ICD-10 implementation until October 1, 2015

CMS estimates that another 1 year delay could cost between $1 billion to $6.6 billion. This is approximately 10-30% of what has already been invested by providers, payers, vendors and academic programs.  

Without ICD-10, the return on investment in EHRs and health data exchange will be greatly diminished.  

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