This morning a bicameral/bipartisan bill is being introduced that would fix the Sustainable Growth Rate (SGR) preventing a 24 percent cut in reimbursements to physicians under Medicare, The Hill reports. The bill also includes language located in Sec. 212 stating that the Department of Health and Human Services (HHS) delay the ICD-10 implementation to October 1, 2015.
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ICD-10| Impact of ICD-10 in Healthcare | Policy, News, Analysis, Insights - HIT Consultant
Claims Technology and Preparing for the ICD-10 Transition
Receiving a flurry of bills for months after any medical procedure has become commonplace for patients, and it's safe to say that most don't like it.
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Survey Invitation: Healthcare Professionals Attitudes Towards ICD-10
NueMD is conducting an online survey to measure healthcare professionals' attitudes towards the transition to ICD-10.
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New Financing Program Minimizes Impact of ICD-10 Revenue Delay for Private Practices
New financing program aims to minimize the impact of ICD-10 revenue delay or lock-up by providing two funding options to provide a safety net for private practices.
Of the 298 CIOs and other IT leaders that participated in the HIMSS Leadership Survey, seventy percent said meeting ICD-10 requirements was their #1 priority. For private physicians, meeting ICD-10 by October is a serious hurdle. If they don’t get it right, it could cause a major cash crunch.
ADP AdvancedMD, a company
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Senators Urge CMS to Establish Clear Metrics for ICD-10 Testing
On Tuesday, four republican senators sent a letter to CMS expressing concerns regarding the limited "brevity and scope" of front end ICD-10 testing scheduled for the week of March 3, 2014. The letter sent to CMS Administrator Marilyn Tavenner warned, "before either Medicare or Medicaid could conceivably transition to any new diagnostic coding method, CMS must establish clear metrics and perform system-wide tests to certify its readiness."
10 Questions for CMS
The letter was signed by
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AMA Releases Updated ICD-10 Implementation Costs for Physician Practices
ICD-10 implementation costs for physician practices are expected to be significantly more costly than previously estimated, according to an updated cost analysis report from the AMA (American Medical Association).
The updated 2014 AMA cost analysis study written by Carolyn Hartley, Physicians EHR, and Stanley Nachimson from Nachimson Advisors takes into account the convergence of dynamic and financially demanding physician requirements which include:
Costs associated with paying for
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ICD-10 Testing and Readiness: No Longer a Marathon, It’s a Sprint
A full-out sprint for ICD-10 testing and readiness has yet to begin. But there are signs that many hospitals are, at least, lacing up their track shoes.
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83% of Physicians Find Retrospective CDI Queries Disruptive to Clinical Workflow
83 percent of physicians perceive traditional retrospective CDI queries as very disruptive to clinical workflows
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50% of Providers Have Not Estimated ICD-10 Impact on Cash Flow
50 percent of healthcare organizations stated that they had yet to estimate the ICD-10 impact on cash flow, according to a recent poll conducted by KPMG LLP, the U.S. audit, tax and advisory firm.
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The 5 Biggest Lessons in ICD-10 Clinical Documentation Success
Atlanta-based Jvion—a healthcare technology company providing solutions to reduce clinical and financial waste—recently released their latest whitepaper “Measure Twice, Cut Once: 5 Biggest Lessons in ICD-10 Documentation Success.”
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