Begin budgeting now for the costly transition to ICD-10
Medical Records Briefing, December 1, 2009
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Recall Y2K, and multiply that cost by three or four, says Stanley Nachimson, principal of Nachimson Advisors in Reisterstown, MD. “Y2K was an organizationwide effort, but there was no change in the meaning of the data. In [ICD-10], you’re not only expanding the codes, but you’re actually changing meaning,” Nachimson says.
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