Community Living Assistance Services and Supports (CLASS)

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Could ICD-10 have as big a financial impact as the mortgage crisis? Yes. Here's why.

Michael F. Arrigo | Government Health IT | October 17, 2011

U.S. National Healthcare Expenditures (NHE) are $2.7 trillion in 20111 and are forecasted to grow 34% in five years. This multi-trillion dollar economy will shift its reimbursement paradigm to ICD-102 in under 24 months. ICD-10 will introduce opportunities and risks to hospitals and health plans that may be equivalent to the $148.2 billion to $500 billion in losses3 to the U.S. Read More »