medical practice management software for the implementation of ICD-10, says the AMA, will create only problems for small practices with no benefit to patient care.
The International Classification of Diseases 10th Revision, or ICD-10, stands as the standardized coding system for outpatient diagnostic codes used in HIPAA transactions, replacing ICD-9. The letter to Travenner was signed by not only the American Medical Association, but by a multitude of medical organizations such as the American Academy of Family Physicians, the Endocrine Society and the Medical Group Management Association. AMA’s reason for asking CMS to halt the implementation of ICD-10 is that it competes financially with EMR implementation and upgrade projects that practices are taking care of to comply with other CMS HIT reporting programs. They fear that the financial stresses of complying with both ICD-10 and the HITECH Act - and the financial penalties physicians face if they face if they don’t - could be enough to put many smaller practices out of business.