More than three quarters of CIOs are looking to technologies such as computer-assisted coding (CAC) and natural language processing (NLP) to help their organizations manage the increased coding complexities presented by ICD-10, according to the September healthsystemCIO.com SnapSurvey.
By far, the majority of those looking at the aforementioned solutions are leaning toward CAC (71 percent), while just under 30 percent are investigating the possibilities of NLP to extract billing codes from unstructured text.
For those that favor CAC, more than 70 percent are still trying to decide which product they will ultimately buy, while the remainder are evenly split between those who are implementing or have already done so.
(SnapSurveys are answered by the healthsystemCIO.com CIO Advisory Panel. To see a full-size version of all charts, click here. To go directly to a full-size version of any individual chart, click on that chart)
1. At a high level, who is the project sponsor (owner) of your ICD-10 preparation?
HIM is part of IS
CIO, CFO, VPMA are executive sponsors
Both Finance & IT
Four exec co-sponsors from hospitals clinical, MD practical clinical, rev cycle/HIS and IT areas
2. Drilling down further, who is your ICD-10 champion?
Head of RCM
Partnership with CIO and VP of Revenue Cycle
CIO and CFO — Executive Champions are CIO and CFO. Project Manager is in HIM.
Will be given oversight by IT Executive Committee (executive vice presidents/cxos)
3. What percentage of your IT budget is being allocated for ICD-10 remediation in 2012?
Don’t know yet
4. What percentage of your IT budget is being allocated for ICD-10 remediation in 2013?
Don’t know yet
Unknown at this time but anticipate it will be small.
not decided yet