WEDI has been conducting ICD-10 readiness surveys since 2009. The February 2013 survey included 974 respondents.
Based on the findings of the survey, WEDI concluded that the industry is not where it needs to be for a smooth transition to ICD-10. The findings include:
• About half the vendors indicate they are half or less than halfway complete with product development.
• About two-thirds of vendors indicate they plan to begin customer review and beta testing by the end of this year. This is similar to the number who expected to begin by the end of 2012 in a prior survey.
• Almost half of the health plans expect to begin external testing by the end of this year. In a 2012 survey all health plans had expected to begin in 2013.
• Over two-fifths of provider respondents indicated they did not know when they would complete their impact assessment, business changes and begin external testing. This is essentially the same as in the 2012 survey and indicates that many providers have not made significant progress towards ICD-10 implementation
More Articles on ICD-10 Readiness:
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How Should Small Hospitals Prepare for ICD-10?