ICD-10 can be a very complex and costly initiative that requires significant time, planning and resources. Failure to be ICD-10 compliant on October 1st, 2013 could threaten the provider revenue cycle and damage relationships with payers.
Preparing for ICD-10 Financial readiness includes, Impact Assessment, Remediation, Testing & Operationalization- four key phases enabling a risk balanced transition to ICD-10 that minimizes financial and operational impact.
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