HealthLeaders Media Releases New Report on ICD-10 Impact

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HealthLeaders Media has released the first in a series of four Impact Analysis reports from the inaugural HealthLeaders Media CFO Exchange, which brought together 30 top finance leaders from hospitals and health systems. The leaders gathered to share how to best guide their organizations through the uncertainty brought about by specific healthcare mandates and general economic upheaval. The first Impact Analysis report, ICD-10: Skating on Thin Margins, provides information and insight from these leaders on their organizations’ conversion to ICD-10 coding system for medical classification.

HealthLeaders Media has released the first in a series of four Impact Analysis reports from the inaugural HealthLeaders Media CFO Exchange, which brought together 30 top finance leaders from hospitals and health systems. The leaders gathered to share how to best guide their organizations through the uncertainty brought about by specific healthcare mandates and general economic upheaval. The first Impact Analysis report, ICD-10: Skating on Thin Margins, provides information and insight from these leaders on their organizations’ conversion to ICD-10 coding system for medical classification.

ICD-10: Skating on Thin Margins contains exclusive, original research and analysis from the HealthLeaders Media Intelligence Unit, including:

  •     60% of healthcare leaders expect short-term cash flow to take a hit from ICD-10
  •     45% expect permanent revenue losses when ICD-10 is fully implemented
  •     40% expect losses to exceed 6% from ICD-10

This comprehensive industry report is available for complimentary download at http://www.healthleadersmedia.com/intelligence-impact-analysis/273186.

In ICD-10: Skating on Thin Margins, finance leaders from NYU Langone Medical Center, Lakewood Health System, Southwest General Health Center, Frederick Regional Health System, and MemorialCare Health System share their lessons learned with ICD-10.

“[Healthcare leaders] may not totally appreciate the enormity of this task, and that might be something that comes back to bite them in the end. This seems like an infrastructure task, so it may be that people aren’t worried, but there’s more to it.”
—Michelle Mahan, Vice President and CFO, Frederick Memorial Regional Health System, Frederick, MD, and HealthLeaders Media CFO Exchange participant

For information on collaboration opportunities, contact Paul Mattioli, 800/639-7477, or e-mail him at PMattioli@healthleadersmedia.com.

HealthLeaders Media
HealthLeaders Media, a division of HCPro, is a leading multi-platform media company dedicated to meeting the business information needs of healthcare executives and professionals. As an integrated media company, HealthLeaders Media includes HealthLeaders magazine, HealthLeadersMedia.com, the HealthLeaders Media Intelligence Unit, HealthLeaders Media Rounds events, HealthLeaders Media Breakthroughs reports, and California HealthFax. All these platforms may be found online at http://www.healthleadersmedia.com.

The HealthLeaders Media Intelligence Unit is the premier source for executive healthcare business research and is powered by the HealthLeaders Media Council, made up of select members of the HealthLeaders Media audience of more than 240,000 healthcare executives. HealthLeaders magazine, named 2010 Magazine of the Year by the American Society of Healthcare Publication Editors, is the premiere resource for information on management trends, innovations, market strategies, and organizational development for more than 40,000 healthcare executives and senior decision-makers every month. Award-winning HealthLeadersMedia.com is the healthcare industry’s destination of choice for online news and analysis.

HealthLeaders Media is the winner of 16 awards in 2011 from the American Society of Business Publication Editors (ASBPE) and the American Society of Healthcare Publication Editors (ASHPE) including:

  •     2 Gold Awards for Breakthroughs (Best Digital Magazine)
  •     Best Original Research: HealthLeaders Media Industry Survey
  •     Best Feature Series: HealthLeaders Service Lines

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