title: Dollars and sense: Mitigating budget risk for ICD-10.
abstract: The extended deadline for ICD-10 implementation is time that should not be wasted. Healthcare leaders should keep three things in mind: CFOs should approach the effort knowing the costs of ICD-10 implementation will be high and spread over multiple budget years. Training, productivity, and contractual issues are among key areas that will be challenged by ICD-10 implementation. Healthcare finance leaders should work to improve cash-on-hand and cash reserves prior to the ICD-10 deadline to ensure liquidity post-compliance.
authors: The Kiran Consortium Group, LLC, Chicago, USA. Lucy.Mancini-Newell@Kiran-Consortium.com
authors: Lucy Mancini
authors: LM
authors: Newell
authors: Joseph J
authors: JJ
authors: DeSilva
mesh_terms: D002017:Budgets; D004059:Diffusion of Innovation; D004469:Economics, Hospital; D038801:International Classification of Diseases; D012308:Risk Management / Q000191:economics / Q000379:methods*; D014481:United States