The Massachusetts Health Data Consortium has announced the launch of its ICD-10 Project, a state-wide initiative to share challenges and concerns about the ICD-10 implementation process. With the new code set slated to go into effect on October 1, 2014, many providers are still facing great difficulties preparing their practices for the widespread changes involved.
“Each of our members faces enormous preparation, testing and implementation challenges that are unique to their organizations,” said Denny Brennan, the Executive Director of the Massachusetts Health Data Consortium. “Through the Consortium, they will minimize the time and cost spent on the challenges they share. Collaboration creates economies of scale, minimizes needless rework and redundancy in preparation and testing, and reduces the substantial financial, technical, and operating risks associated with failing to meet the deadline for compliance.”
The project will bring together healthcare providers, insurance and benefits plans, government agencies, and health technology vendors through the Consortium to hash out the issues and create best practices policies to ease the transition for all of the various organizations involved. ICD-10 affects clinical practices and payors equally, creating a need for clear communication and coordination.