There are many estimates on how much ICD-10 Implementation will cost but you won’t have a real answer until you start observing cost for your practice. Regardless if you’re the most prepared healthcare organization, the new ICD-10 implementation will decrease your overall cash flow. The following are some great places to start adding up possible cost:
• Software and hardware
• Education
o Coder training
o Clinician education
o Awareness raising
• Testing related costs
• Staff time needed for:
o Implementation planning
o Training
o Testing
o Vendor management
• Consulting services
To read more, click: http://www.icd10watch.com/blog/icd-10-budgeting-what-are-some-costs-involved

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