Guidance provided on health care accounting for ICD-10 implementation costs

BY KEN TYSIAC

The AICPA Health Care Expert Panel has developed nonauthoritative guidance on how health care entities should account for costs incurred in connection with the implementation of the 10th edition of the International Classification of Diseases (ICD-10).

By Oct. 1, 2013, the U.S. health care system is scheduled for a transition to ICD-10 from the ninth edition (ICD-9) code sets used to report medical diagnoses and inpatient procedures.

Technical Question and Answer (TPA) 6400.48 provides nonauthoritative guidance that includes factors to consider in assessing whether modifications to an entity’s existing software system qualify as an upgrade or enhancement.

Ken Tysiac ( ktysiac@aicpa.org ) is a JofA senior editor.

SPONSORED REPORT

CPEOs provide peace of mind around payroll services

The creation of these new IRS-certified service providers for small businesses clarifies some issues around traditional professional employer organizations.

QUIZ

Pronoun practice to help polish your prose

Using pronouns correctly in writing and speech can help you make a good impression. Try our 10-question quiz.