Guest post by Anirban Mukherjee, account head at NIIT Technologies.
While most of the worrisome news about transitioning to ICD-10 is correct, the most daunting of tasks are actually the easiest to accomplish. Yet unwittingly, most healthcare providers, following the various help forums and articles, have focused on chalking out a complete ICD-10 transition plan before all else. Then, the plan is too often delayed or scrapped altogether.
The trick to a successful transition starts at the grass-root level: analysis before planning the transition effort and timelines. A detailed impact analysis is critical, and since it is based on historical data, it can never be too early to get this done. Moreover, with comprehensive historical data analysis, the planning effort can be drastically reduced. Consider that NIIT’s research, which analyzed the historical data of multiple providers, has revealed that up to 90 percent of claims utilize less than 5 percent of the ICD codes used by providers. Thus, by focusing on the accurate mapping of 5 percent of the code subset being utilized, 90 percent of the risk can be mitigated.