What to Expect: The ICD-10 Transition

With the transition to ICD-10 just a day away, many healthcare providers are preparing for the worst. Claim denials could double while providers familiarize themselves with the expansive codes.

We can help your practice stay on top of the latest health care news, rules, regulations and trends.  Subscribe to stay current and up to date on important matters that will impact your practice.  (To subscribe to our blog ).

The switch will take place on October 1. Many providers are expecting problems due to the expansive nature of ICD-10.

The new system is much more specific and detailed than ICD-9. For example, under ICD-10:

  • Cardiologists no longer have 1 code for angioplasty, now they have 845 codes;
  • Dermatologists need to specify which of the 8 kinds of acne a patient has;
  • External causes of injuries have been greatly expanded;
  • Overall codes are expanding from 14,000 to 70,000; and
  • Hospital specific procedure codes are expanding from 4,000 to 72,000.

Although many providers are concerned about the daunting transition, a lot of experts feel that the transition is necessary to better identify public health issues and to manage diseases.

So what is the cost of the transition?

The costs have varied from practice to practice. The range is anywhere from $10,000 to $225,000 for small practices.

Some hospital systems have spent millions of dollars.

The cost has come through training programs, applications, practice drills and other preparations for the transition.

Although we know the transition is sure to seem overwhelming, remember that Medicare officials won’t deny claims for lack of specificity for the first year.

But be warned – the grace period doesn’t apply to hospital procedure codes or most commercial insurers.

In our next blog post, we will keep you informed of related issues.  To get this important information delivered directly to your mail box, 

Do you need help staying current and compliant with the latest laws, rules and regulations?  We can help. To contact us about your practice’s technology, health care regulations, ICD-10 transition and training, or about your other legal needs:  CLICK HERE.

P.S. If you or your patients are interested in consumer healthcare issues, check out myhealthspin.com.

Related Posts


Recent Posts

Getting Remarried? Here’s What You Need to Know
March 21, 2024
What is the Biggest Threat to Healthcare?
January 30, 2024
How Can I Simplify Estate Planning?
January 11, 2024
I Have a Trust. Now What?
December 7, 2023
Breaking: Corewell Health Breach
December 5, 2023


Subscribe to Our Newsletter

Subscribe and get your FREE copy of Easy Guide to HIPAA Risk Assessments

An essential tool for all healthcare providers, Easy Guide to HIPAA Risk Assessments breaks down the requirements of HIPAA so you can successfully complete your required risk assessment. (an $8.99 value)

Thank you for subscribing to the Rickard & Associates healthcare blog. You'll receive a confirmation email shortly. After verifying your subscription request, you'll be sent to the "Easy Guide to HIPAA Risk Assessments" download page.