ICD-10 aftershocks: 5 ways to prepare for the inevitable

  ICD-10 is all about balancing opportunity with risk, and no one should understand this better than a hospital’s CEO. This delicate balancing act certainly doesn’t end on October 1, 2015 — rather, it continues and requires constant monitoring and analysis.     All hospital CEOs must strive to accomplish the following goals in the wake of ICD-10 implementation:

• Monitor the healthcare organization for stability.
• Communicate the connection between clinical documentation and quality patient care.
• Facilitate communication with community partners.
• Adjust growth strategies as opportunities arise.
• Explore new data specificity to create opportunities for growth and process improvement.

This article elaborates on the five goals that Pilong describes and highlights the steps that CEOs should take in the aftermath of ICD-10. Read more on Becker’s Hospital CFO