Health Industry Would Lose $22B Skipping ICD-10, HHS Says

Law360, New York (August 30, 2012, 7:33 PM EDT) -- Leapfrogging the ICD-10 health care coding system and waiting until the next version, ICD-11, is released in 2015 — a move being explored by the American Medical Association and advocated by others — would cost the health care industry $22 billion, according to federal regulators.

The U.S. Department of Health and Human Services last week finalized a rule delaying the implementation of the International Classification of Diseases, 10th edition, for one year until Oct. 1, 2014. The codes, which signify different conditions, injuries and treatments, are...
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