This is not a time to be subtle. That is what Stephen M. Stewart, CIO of Iowa-based Henry County Health Center, writes in Hospitals & Health Networks, this week. Steward was referring to the importance of impending ICD-10 classification transition.
In a recent survey of healthcare payers, 35% of respondents listed cost or return on investment as their top concern with implementing new, organization-wide IT systems. This is even more disconcerting as many health insurers will need to upgrade their IT infrastructure in the next few years to meet mandates such as the ICD-10 classification transition that is due by October 2013.
Healthcare organizations are scrambling to upgrade their systems to prepare for the ICD-10 classification transition. The Department of Health and Human Services have required providers to transition to ICD 10 codes on or after October 1, 2013. Millions of dollars are being spent to prepare for this with software and training.
In the world of healthcare, few things have been or will be more challenging or all encompassing as the ICD-10 transition. Healthcare organizations have a huge project on their hands and we wish them great success. However, the good news is ICD-10 could be considered an economical stimulator for the world of technology. More healthcare information technology vendors offer ICD-10 compliant upgrades and products each and every day.
Tyler Technologies has landed agreements with five counties in Texas for their document management needs. Tyler's Eagle Recording software solution is currently used in 17 states, including Texas where 28 counties already use Tyler systems to help manage Land and Vital Records.
ISYS Search Software has released its next generation Enterprise 10.0 product that promises enterprise search at speeds up to four times faster than previous versions. Features of the new version includes ISYS 1-Click FileFinder indexing, analytics and search technology, and more. The customizable interface lets business users search and refine the results the way they want – making the information findable.
ICD-9 has been the system used for almost 40 years. Coming in October 2013, things will change. The new ICD-10 coding classification system will be in effect with five times the amount of medical codes for healthcare providers to use and diagnosis codes with more digits. Before the billing systems can accommodate the expanded field length for diagnoses, a new format system for electronic billing needs to take place first. This is scheduled to happen in just a few days on January 1, 2012.
Vogue magazine has now opened up its digital archives to researchers. The 120 years of fashion history has been scanned from paper and turned into a digital data mine, completely indexed.
The impending ICD-10 transition requires a large scope of work. Organizations that have begun implementing their ICD-10 readiness strategy realize this, others who are farther behind in the process are quickly understanding the challenge that awaits them. One thing is for sure, when it comes to ICD-10, a team effort is required.