AMA: ICD-10 Implementation to Cost Physician Practices as Much as $2.7M
As the firm Oct. 1, 2014 implementation deadline for ICD-10 approaches, the American Medical Association House of Delegates continues to express concern, according to a Family Practice News report.
The AMA estimates the cost ICD-10 implementation will cost physician practices between $83,290 and $2.7 million, depending on the practice size.
In June, the AMA House of Delegates began to lobby for a two-year delay of ICD-10 implementation.
More Articles on ICD-10:
Study: No Consensus on ICD-10 Codes for Adverse Drug Events
The Financial Risk of Transitioning to ICD-10: Key Considerations for Hospitals and Health Systems
CMS Releases Draft ICD-10 Definitions Manual, Code Editor
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