Skip to main content

News

ICD-10 Conversion: Do Or Die

Published Date: 
Feb 06, 2012
Source: 
InformationWeek

While most providers are busy deploying financial, technology, and people resources to meet the Meaningful Use program requirements in the hope of obtaining large government bonuses, these payments--between $44,000 and $63,000 per eligible professional--are a drop in the bucket compared to the revenue your organization could lose if you miss the ICD-10 conversion deadlines. To put it bluntly, ignoring the Oct. 1, 2013 deadline could mean zero payments coming in for patient care.

The transition from ICD-9 to ICD-10 involves expanding medical diagnosis codes from the current 14,000 to more than 67,000, and procedure codes from 13,000 to 85,000. The U.S. Department of Health and Human Services (HHS) hopes the move will help the industry identify more billing fraud, allow more thorough quality reporting by healthcare providers, and enable refinements in reimbursement models through more detailed diagnostic and procedure data. HHS also expects the conversion will improve patient care and outcomes through new insights that may be uncovered in analysis of the more detailed clinical data.

Source: 
InformationWeek

External Communication Contacts

Global Head - External Communications

Ajay Davessar
HCL Technologies Ltd.
Tel: +91-120-438 2800/ 244 1259
Email: Ajay.Davessar@hcl.com

US Contact:

Meenakshi Benjwal
Phone Number - 973-393-6225
Email: meenakshi.benjwal@hcl.com

Europe Contact:

Ajay Davessar
HCL Technologies Ltd.
Tel: +91-120-438 2800/ 244 1259
Email: Ajay.Davessar@hcl.com

APAC & Asia Contact:

Samrat Banerjee
HCL Technologies
Tel.: +65-6512-9444
Mobile: +65-9644-5495
Email: samrat.banerjee@hcl.com

Corporate & India Contact:

Zulfia Nafees
HCL Technologies
Tel (Direct): +91-120-4382800
Mob: +91-9810495138
Email: zulfian@hcl.com