Will ICD-10 Recovery Bring Artificial Medical Cost Inflation?
Cecil Bohannan, Jr., delivery manager, Advisory Services, CTG Health Solutions, chatted with RevCycleIntelligence.com in the article, "Will ICD-10 Recovery Artificial Medical Cost Inflation?" He talks about the greater financial implications of ICD-10, the greatest misconceptions swirling around the industry, and why inflated confidence in data may lead to false financial hopes as ICD-10's aftermath unfolds at the tail end of the year.
"The real financial implication is the timing of October 1 and how long it's going to take for all of the variation to shake out. It'll be bad from the provider perspective if people aren't ready because you are going to get some very hardline responses from some health plans, as required by the federal regulation..."
To read the full article, visit RevCycleIntelligence.com