+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
By James Swann
The American Medical Association, along with 42 state medical organizations and 40 medical speciality groups, urged the Centers for Medicare & Medicaid Services to cancel implementation of the ICD-10 code set, according to a letter sent in late December.
“The implementation of ICD-10 will create significant burdens on the practice of medicine with no direct benefit to individual patient care, and will compete with other costly transitions associated with quality and health IT reporting programs,” the letter said.
The letter reiterates AMA's earlier opposition to ICD-10 implementation. In November, AMA's House of Delegates adopted a policy calling for an end to ICD-10 implementation.
ICD-10, or the International Classification of Diseases, 10th Revision, is a code set updating health care diagnoses and procedures from 13,000 codes in ICD-9 to 68,000 codes.
CMS released a final rule on Aug. 24, 2012, delaying the compliance date for ICD-10 from Oct. 1, 2013, to Oct. 1, 2014 (see previous article).
According to the recent AMA letter, physicians will have to spend anywhere from $83,000 to $2.7 million to implement ICD-10, depending on the practice size.
In addition, a focus on ICD-10 implementation will take away resources from other health information initiatives, such as launching electronic health records and participating in payment and delivery reform programs, the letter said.
Physicians could also find themselves liable for financial penalties “if they do not successfully participate in multiple Medicare programs already underway, including e-prescribing, EHR meaningful use, and the Physician Quality Reporting System (PQRS) and value-based modifier programs,” the letter said.
The letter said CMS should work with industry stakeholders to create a replacement for the current ICD-9 code set that is less costly to physicians and allows for full participation in other health information initiatives.
The AMA letter is at http://www.ama-assn.org/resources/doc/washington/icd10-sign-on-letter-20dec2012.pdf.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).