ICD-10 ready?

How Much is ICD-10 Going to Cost You?

With ICD-10 finally in action for inpatient facilities, small practices are getting the first real look at the cost factor involved in the transition. In February 2014, The American Medical Association predicted that the cost of implementing ICD-10 would be significant for physicians. At least one survey disputes that estimate, stating the costs were much lower than expected. Now that ICD-10 is a reality, practices are able to assess the bottom line to calculate the financial impact of the changeover.

The AMA Estimate

A 2014 cost study initiated by the AMA estimated transitioning to the ICD-10 code set would likely cost practices threes time more than the initial prediction.

In 2008, the cost of switching to ICD-10 was estimated at:

Have Questions? We are here to help.

Please enter your name
Please tell us your title
Please select a state
is not a valid e-mail address.
Please enter a valid phone number
Please tell us how you found us
Please include a brief message
Invalid Input

Contact Us

Have questions about buying or selling a practice?


About Us

Most doctors looking to buy or sell their practice can’t find the time to figure out the complicated steps involved. At Transition Consultants, we’ve created a process that makes the transition painless so they can move into their next season and start living life on their own terms.

Copyright © 2024 Transition Consultants. All rights reserved.