ICD-10: Minimizing the Financial Hit

December 2013
HealthLeaders Magazine;Dec2013, Vol. 16 Issue 10, p48
The article focuses on ICD-10 that would minimize medical costs and setbacks. According to Karen Testman, chief financial officer at MemorialCare Health System, her organization budgets five areas related to ICD-10 implementation, including comprehensive clinical documentation improvement, computer-assisted coding, and systemwide information technology (IT) component. It states that MemorialCare expects to spend $24 million for the implementation of ICD-10 in its hospital business.


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