Survey finds providers skeptical of training, readiness for ICD-10

Another ICD-10 readiness survey finds that just 11 percent of respondents are "highly confident" their employees will be adequately trained and 13 percent are "highly confident" their business will be prepared.

The results are from NueMD's third "Attitudes Towards ICD-10" survey which generated 1,000 responses from healthcare professionals across all 50 states.

Thirty-five percent said they are "not at all confident" their employees will be adequately trained and 31 percent said they are "not at all confident" their business will be prepared.

When asked about their concerns and expectations for different areas of their business:

• 65 percent said they're "highly" or "significantly" concerned about claims processing
• 70 percent expect that finances will be affected "somewhat" or "very" negatively
• 70 percent also expect that operations will be affected "somewhat" or "very" negatively

The survey includes responses from medical practices, billing companies and other industry professionals, with the majority of respondents from small practices. The data suggests these small practices are less prepared and more concerned than larger organizations.

"The transition deadline is coming up fast, but there's still time to prepare," said Caleb Clarke, NueMD's director of sales and marketing. "Coders and billers should become comfortable with new codesets and providers need to get used to the new level of specificity required for documentation. If you're able to rattle off your most common [ICD-10] codes by October 1, that'll go a long way."

Access the full results.