Have You Heard? – January 28, 2015
In the wake of last week’s Congressional subcommittee hearings on fixing the Sustainable Growth Rate (SGR) formula, it seems that the subject of delaying ICD-10 didn’t come up. With the schedule unchanged for now, it would be a good time to review CMS’s schedule of dates regarding the partial code freeze for ICD-9-CM and ICD-10.
We certainly hear a great deal in the press about why we should delay or scuttle the transition to ICD-10. But do you hear much about why it’s a good thing to implement? Here’s a list of reasons from those who favor the transition:
- Improved ability to measure health care services, including quality and safety data
- Augmented sensitivity when refining grouping and reimbursement methodologies
- Expanded ability to conduct public health surveillance
- Decreased need to include supporting documentation with claims
- Strengthened ability to distinguish advances in medicine and medical technology
- Enhanced detail on socioeconomic, family relationships, ambulatory care conditions, problems related to lifestyle and the results of screening tests
- Increased use of administrative data to evaluate medical processes and outcomes, to conduct biosurveillance and to support value-based purchasing initiatives
We’re not stating an opinion, just offering some food for thought. All of this seems to have a life of its own anyway.