As the healthcare industry embarks upon a post ICD-10 world, the landscape of health information management (HIM) is evolving. So how are HIM professionals responding to today’s current challenges such as ICD-10, coder productivity, Clinical Documentation Improvement (CDI), Computer Assisted Coding (CAC) and outsourcing? To gather these insights, ADVANCE for Health Information Professionals and himagine solutions, Inc. recently published their inaugural 2015 Benchmark Report: The Landscape of
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Healthcare Policy Regulation & Reform | News, Analysis, Insights - HIT Consultant
3 Trends Driving Medicare Towards Bankruptcy
The 50-year old Medicare program is not aging well; and that’s not good news for seniors, according to a new report by National Center for Policy Analysis Senior Fellow Devon Herrick. When President Johnson signed the Medicare program into law on July 30, 1965, no one anticipated the program to grow at the rate it has. In 2014, the Medicare program spent over $613B to cover healthcare for 54 million beneficiaries. The law states that seniors do not qualify for Medicare until age
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Healthgrades: 1 in 6 Patients Receive Care In 1-Star Rated Hospitals
1 out of every 6 patients in the U.S. received care in a hospital rated 1-star[1], according to new research released by Healthgrades, the leading online resource for comprehensive information about physicians and hospitals. Had those patients researched local doctors and hospitals to identify and select a physician practicing in a 5-star hospital for their specific procedure or condition, they would have faced a 71 percent lower risk of dying or a 65 percent lower risk of experiencing
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Relay Health Financial Processes $25B Worth of ICD-10 Claims
Today, RelayHealth Financial released its ICD-10 claims volume numbers, and the results are impressive: $13 million claims worth more than $25 billion processed. With a rise in claims, the industry must focus on addressing the next hurdle: ensuring timely and correct reimbursement. To monitor those KPIs that are most likely impacted by ICD-10, many providers are monitoring ICD10Central.com.
“From having our entire portfolio ready a full two years before the deadline to our comprehensive testing
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3 Medicare Reforms That Could Keep Seniors Healthier, Wealthier
Empowering seniors to take control of their own health spending and rewarding the doctors who coordinate patients’ care, as well as the providers that reduce patients’ costs and improve the quality of their treatment, could vastly improve the health of seniors on Medicare, according to a new report by National Center for Policy Analysis Senior Fellow Devon Herrick. Medicare reform requires empowering seniors to manage more of their own health care spending using Medicare Health Savings Accounts
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Frustrated Primary Care Doc Shares 9 Ways ICD-10 Impacted Patient Care
It’s been a full week since the ICD-10 compliance date took effect on 10/1. So how do doctors feel about patient care impact of ICD-10? SERMO, a social media network exclusively for doctors, asked members if the transition is taking their time away from patient care and the numbers overwhelmingly showed that it is. Out of nearly 200 members who responded to the poll, 86% stated it has impacted patient care while only 14% said it has not.
Here are some more insights provided by some of the
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5 Things Hospitals Can Learn About Patient Engagement From Netflix
Since its inception in 1997, the video streaming and DVD distribution company Netflix has grown into an internationally recognized giant in the entertainment world. In July of this year, the business reported that its subscriber base had grown to 65.55 million, according to Business Insider. There's no denying that the company has captured the attention of its target audience.
Netflix understands what drives the modern consumer and has carefully tuned and shaped its offerings and service
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WEDI Extends Searchable ICD-10 Issue Reporting Database Post 10/1
The Workgroup for Electronic Data Interchange (WEDI), a nonprofit authority on the use of health IT to create efficiencies in healthcare information exchange, in partnership with the Centers for Medicare and Medicaid Services (CMS) and other industry associations and partners, announced its searchable ICD-10 Issue Reporting Database– originally launched in early 2014 as part of its ICD-10 Implementation Success Initiative – will continue operation after the transition to ICD-10. Through this
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Nuance Unveils Next-Gen Computer-Assisted Physician Documentation for ICD-10
Today, Nuance Communications, Inc. has launched Dragon Medical Advisor, a next generation Computer-Assisted Physician Documentation (CAPD) solution that automatically provides real-time quality feedback to physicians while they are documenting patient encounters. This improves the completeness of clinical notes and helps provider organizations meet the impending ICD-10 requirements, justify medical necessity of care decisions, and support better patient care.
Building on the work done in 2011
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Physicians Reveal Lack of Time As Greatest Challenge in Caring for Chronic Care Patients
As healthcare shifts to value-based care, there is growing emphasis on helping patients with chronic conditions better manage their health. Patients with two or more chronic conditions – such as heart failure, diabetes and asthma – make up more than two-thirds of the entire Medicare population. And caring for these patients requires extra time – something most physicians don’t have. Physicians looking to bring more personalized care to their practices report difficulties implementing the
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