Readiness for ICD-10 depends on the type and size of an organization. While the majority of hospitals have trained their staff, less than half of physicians practices have completed their training. Learn about what still needs to be done before the October deadline.
The move to value-based payment models means that physicians will soon, in some form or another, assume more financial risk for the outcomes of their patients. That means physicians need to begin exploring their options now to ensure their practices are ready and protected when they make the leap.
The fight against the pressures facing independent primary care practices can take many forms. For some, it has meant joining forces with other practices to attain the benefits that come with size without sacrificing their day-to-day autonomy. Others are taking a different route—minimizing the bureaucratic obstacles to practicing medicine by adopting direct pay practice models.