Practice managers fear multiple repercussions of ICD-10 implementation

Medical practice executives are deeply worried about the anticipated cost, loss of productivity and clinical documentation changes for ICD-10 conversion, finds a new study from the Medical Group Management Association (MGMA). According to the study, 56 percent of respondents said they were "very concerned" about the overall cost of implementation, 70 percent were very concerned about the clinical documentation changes and the loss of clinician productivity, and 67 percent were very concerned about losing staff productivity. The ICD-10 transition "is proving to be one of the most complex and expensive changes our healthcare system has faced in decades," MGMA President and CEO Susan L. Turney, M.D., said in a statement. – read the full story from FierceHealthFinance

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