AMA: ICD-10 will cause financial burdens to physician practices

02/14/2014 | HealthLeaders Media

The American Medical Association is urging HHS Secretary Kathleen Sebelius to reconsider the implementation of ICD-10, after a Nachimson Advisors study revealed that the expected ICD-10 adoption costs for physician practices could be as much as three times higher than 2008 estimates. "The markedly higher implementation costs for ICD-10 place a crushing burden on physicians, straining vital resources needed to invest in new health care delivery models and well-developed technology that promotes care coordination with real value to patients," said AMA President Dr. Ardis Dee Hoven.

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