There has been a wealth of information available on the ICD-10 initiative. Nevertheless, many physicians still strongly believe that this is strictly a ‘coding’ issue. Hence, it will not affect them in anyway as they go about their daily routine, nor will they have to submit to any type of training in advance of the October 1, 2015 go-live date.
Most physicians seem to comprehend that the ICD-9 to the ICD-10 changeover may result in a loss of revenue if they do not personally ensure that their coders are correctly trained to use the new code sets. On the other hand, the physicians who do not fully comprehend the extensive effects of the ICD-10 implementation will be faced with a momentous revenue loss if they themselves are not sufficiently prepared.
While the ICD-10 moves us ahead from our current number of 14,000 diagnosis codes to a future number of 68,000 diagnosis codes, the capability of the coder to properly assign the new codes and use the new coding system relies profoundly on the physician's clinical documentation to finish the process.