November 14, 2014
This week, the Journal of AHIMA published new data suggesting that the estimated costs, time, and resources required by physician offices to convert to ICD-10 are much lower than original estimates. The new estimates indicate that the ICD-10 conversion costs for a small practice are between $1,900 – $5,900. This is significantly less than the estimated costs published in 2008 by Nachimson Advisors to the American Medical Association. Those estimates suggested costs in the range of $22,560 – $105,506.
These estimates were based on results from recent surveys, published reports, and ICD-10 conversion experience.
Healthcare IT News posed the question “How do doctors really feel about EHRs?” to a group of physicians and published the responses this week. The responses reflect an understanding of the value of EHRs and the reasons for their use. However, the majority of responses also indicate a feeling of contempt as a result of impacts EHRs are having on productivity and patient engagement.
The true responsibilities of CIOs were discussed this week at CHIME’s fall forum in San Antonio, Texas. The number of demands being placed on IT departments in hospitals makes it even more important for CIOs to build relationships with their staff in order to work effectively to make progress. Ed Marx, Texas Health Resources SVP and CIO, stated that it is “incumbent” on CIOs to provide a message of hope and reinforcement to employees. In order to do that well, CIOs need to know their employees at a human level. For more on this discussion, read the report on FierceHealthIT.