Survey shows that while it is perceived that ICD-10 will Go Live October 1, only 28% have performed Revenue Impact Testing

Survey shows that while it is perceived that ICD-10 will Go Live October 1, only 28% have performed Revenue Impact Testing

QualiTest released the results of a survey conducted on the topic of ICD-10. Conducted during April of 2015, this survey addressed how prepared the organizations are for the upcoming ICD-10 transition.

To follow up with a survey conducted in December of 2014 which assessed various organizations on their ICD-10 readiness, today QualiTest released the results of a second, more recent survey on the topic. Conducted during April of 2015, this survey addressed how prepared the organizations are for the upcoming ICD-10 transition. QualiTest queried over 150 upper-level healthcare industry professionals, mostly in IT positions throughout the organizations.

Main Findings:

  • Over 80% of respondents speculated that ICD-10 will “go live” on October 1, 2015. This was of particular note, considering that ICD-10 has been delayed two times already, and many critics gamble that ICD-10 implementation will be deferred yet again.
  • Two-thirds of the respondents believe that their revenue will be impacted with the advent of ICD-10. However, only 28% have performed any Revenue Impact Testing with their Payers.
  • 67% of the surveyed providers are relying solely on their Clearinghouses to conduct ICD-10 testing. This implies that providers are gambling that their clearinghouses will perform accurate and comprehensive ICD-10 Testing, rather than taking responsibility for their own testing.
  • Only 28% of the providers use automated testing techniques to increase test coverage and improve efficiency and productivity. This is opposed to the 56% of respondents who reported that they are solely using manual testing to ensure that their ICD-10 testing will seamlessly integrate in both internal and external systems.

To view the full results of the survey, click here: QualiTest ICD-10 Survey Results – April 2015

Click to Tweet!

  • Over 80% of respondents speculate that ICD-10 will go live on October 1st, 2015 >>tweet<<
  • Only 28% have performed any Revenue Impact Testing with their Payers >>tweet<<
  • Two-thirds of the respondents believe that their revenue will be impacted with the advent of ICD-10 >>tweet<<
  • 67% of the surveyed providers are relying solely on their Clearinghouses to conduct ICD-10 testing >>tweet<<
  • Only 28% of the providers use automated testing techniques to increase ICD-10 test coverage.  >>tweet<<