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“We don’t want to say this, but you may have to identify a contingency plan,” said Robert Tennant, senior policy advisor for the Medical Group Management Association (MGMA), on ICD-10-Monitor’s Talk Ten Tuesday broadcast last week. He told physician practices exactly the way it is, saying:

“Practices experienced rejected claims and weeks of diminished cash flow when they transitioned to 5010. ICD-10 promises to be even more difficult…,” he said. MGMA’s advice: “Establish a line of credit, avoid large expenditures, put aside cash reserves, and identify potential workarounds in case vendors aren’t ready so you can ensure your doors stay open.”


Janis Oppelt

Janis Oppelt was the former editorial director for MedLearn Publishing.

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