HealthLeaders Media Releases New Report on ICD-10 Impact

Press Releases, November 23, 2011

HealthLeaders Media has released the first in a series of four Impact Analysis reports from the inaugural HealthLeaders Media CFO Exchange, which brought together 30 top finance leaders from hospitals and health systems. The leaders gathered to share how to best guide their organizations through the uncertainty brought about by specific healthcare mandates and general economic upheaval. The first Impact Analysis report, ICD-10: Skating on Thin Margins, provides information and insight from these leaders on their organizations'’ conversion to ICD-10 coding system for medical classification.

ICD-10: Skating on Thin Margins contains exclusive, original research and analysis from the HealthLeaders Media Intelligence Unit, including:

  • 60% of healthcare leaders expect short-term cash flow to take a hit from ICD-10
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  • 45% expect permanent revenue losses when ICD-10 is fully implemented
  • 40% expect losses to exceed 6% from ICD-10

This comprehensive industry report is available for complimentary download at www.healthleadersmedia.com/intelligence-impact-analysis/273186.

In ICD-10: Skating on Thin Margins, finance leaders from NYU Langone Medical Center, Lakewood Health System, Southwest General Health Center, Frederick Regional Health System, and MemorialCare Health System share their lessons learned with ICD-10.

"[Healthcare leaders] may not totally appreciate the enormity of this task, and that might be something that comes back to bite them in the end. This seems like an infrastructure task, so it may be that people aren't worried, but there's more to it."
—Michelle Mahan, Vice President and CFO, Frederick Memorial Regional Health System, Frederick, MD, and HealthLeaders Media CFO Exchange participant

For information on collaboration opportunities, contact Paul Mattioli, 800/639-7477, or e-mail him at PMattioli@healthleadersmedia.com.