Global Lessons: Planning and Preparation are Keys to ICD-10 Success

Here is a summary of lessons learned from the Canadian experience with ICD-10 implementations and also importantly where the two implementations differ.

Continue ReadingGlobal Lessons: Planning and Preparation are Keys to ICD-10 Success

Headline News in Healthcare is About Cost, Paperwork Reduction Rules Expected

This is a first step toward implementation of an Affordable Care Act provision that cuts red tape in the health care system. HHS estimates this will save $12 billion over ten years. Whether a patient is eligible for coverage The status of a health care claim submitted to a health insurer

Continue ReadingHeadline News in Healthcare is About Cost, Paperwork Reduction Rules Expected

EHR Interoperability Standards

Electronic Health Records (EHR) or Electronic Medical Records (EMR) integration approaches depend on the strategy and priority in exchanging patient information between various healthcare applications, and the standards available:

Continue ReadingEHR Interoperability Standards

Medical Loss Ratio Provision of the Affordable Care Act – Less For ICD-10 and Other Reform Issues

on November 22, 2010 the Obama Administration's regulation implementing new standards for the “medical loss ratio” provision of the Affordable Care Act will make the insurance industry more transparent and is intended to enable consumers to purchase health insurance that provide more value for every dollar paid for premiums.

Continue ReadingMedical Loss Ratio Provision of the Affordable Care Act – Less For ICD-10 and Other Reform Issues

ICD-10 Implementation and Medical Management are Co-mingled with Revenue Cycles

Implementing ICD-10 is more than just IT. Medical management under ICD-10 will require a new view of clinical data and an audit trail from ICD-9 to ICD-10. An ICD-10 assessment from a knowledgeable company can help show where opportunities are for your company.

Continue ReadingICD-10 Implementation and Medical Management are Co-mingled with Revenue Cycles

ICD10 – Don’t Delay, Make Sure You Do an Assessment

Many providers and hospitals are putting off ICD-10 conversions, because they are already struggling with EHR and meaningful use. Funding is another challenge. Durel has heard from people who don't think ICD-10 is a big deal. He thinks otherwise. "... if you don't get it right, you're not going to get any bills out after Oct. 1, 2013," Durel said.

Continue ReadingICD10 – Don’t Delay, Make Sure You Do an Assessment

ICD-10 Software Selection for Health Care Coding

If you are shopping for a tool for converting ICD-9 to ICD-10 diagnosis and procedure codes, make sure that you include subject matter experts in the area on your selection team, and create challenges for the vendors to overcome that represent real-world clinical scenarios - not canned demonstrations.

Continue ReadingICD-10 Software Selection for Health Care Coding

Concern persists for HIPAA 5010, ICD-10 non-compliance fines | Healthcare Finance News

Although no official word has been handed down regarding exactly what fines our federal government may slap against healthcare organizations that fail to comply with HIPAA 5010 or ICD-10, it…

Continue ReadingConcern persists for HIPAA 5010, ICD-10 non-compliance fines | Healthcare Finance News

ICD-10 Helps Accountable Care (ACO)

An Accountable Care Organization (ACO), is a physician-led entity – consisting of hospitals, primary care physicians, and specialists – responsible for managing the full continuum of care and accountable for the overall costs and quality of care for a defined population, that is partnered with their health plan. CMS mandates such as ICD-10 are separate from health care reform and were mandated before health care reform became law.

Continue ReadingICD-10 Helps Accountable Care (ACO)