The healthcare industry's push for consumerism and pricing transparency has created the need for more and better quality and diagnosis information. Our ability to improve our health information data is tied to our current coding system. However, our current system, the ICD-9-CM coding structure and capabilities are outdated and inconsistent and cannot provide this information.

Adoption of a new coding system, ICD-10-CM and ICD-10-PCS would provide the data needed to move toward a more transparent environment. Unfortunately, this adoption has not occurred because the industry has been inundated with negative information that has created myths around the resource intensive requirements and cost of converting to this new coding system and little attention has been given to the benefits of implementing ICD-10-CM and PCS.

The purpose of this Audio Webcast is to help financial leaders in the healthcare industry understand the benefits of implementing ICD-10. At the end of this Audio Webcast, you will be able to sort the facts from fiction and understand the benefits of adopting ICD-10. In addition, you will have a clearer understanding of what you need to do to prepare for and successfully implement this new coding system.