Healthcare professionals feel time is their biggest obstacle to ICD-10 conversion according to recent report highlighting healthcare providers ICD-10 progress.
Brand strategy and marketing firm, Aloft Group recently conducted an “ICD-10 Snapshot Study” with over 260 healthcare professionals whose healthcare organizations are at various levels of progress in their ICD-10 implementation. The objective was to provide a snapshot of how far they are in their ICD-10 transition.
With just over a year and a half left until the October 1, 2014 deadline, 74.6% of the respondents are only 25% or less completed in their ICD-10 implementations.
Time still remains one of the biggest obstacles to ICD-10 according to 71% of the respondents. The report findings would make many ponder whether the one year delay that was announced last year provided beneficial time for healthcare organizations ramp up their ICD-10 transition efforts.
The 260 respondents of the survey were a variety of clinicians, mid-level management, HIM directors, and C-level executives. Respondents also shared their opinions on the various obstacles, gaps, and frustrations that they are incurring along their ICD-10 journeys.
Other key findings of the report include:
- 75.3% of identify coding education as the biggest gap to ICD-10 conversion followed by coding education at 53%
- HIM Directors/Managers (76.8%) & CFOs (75%) are the top two decision makers for ICD-10 purchasing
- Proper training tools (47.7%) and financial resources (41.7%) are the leading gaps in their ICD-10 education process
- 43% do not agree with AMA’s resistance to ICD-10
- 55.4% have no fears that they will meet the October 1, 2014 deadline
- 2 biggest ICD-10 vendor frustrations are “not adequate schedule in place to ensure we will be ready before the deadline” and “not enough guidance”
- Reputation and training support are the two most important qualities in an ICD-10 vendor
For more information and key findings from the study, please visit www.aloftgroup.com, or contact Tracy Hartman 978-462-0002 x103 email@example.com.
(Image credit courtesy of Aloft Group, “ICD-10 Snapshot”)