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Healthcare Policy Regulation & Reform | News, Analysis, Insights - HIT Consultant

Premier, Inc. Joins the Coalition for ICD-10

by HITC Staff 12/17/2014 Leave a Comment

Coalition for ICD-10

The Coalition for ICD-10, a broad-based healthcare industry advocacy group, today announced the addition of Premier, Inc. to its member roster. Premier, a leading healthcare improvement company, unites an alliance of approximately 3,400 U.S. hospitals and 110,000 other providers to enable better care and outcomes at a lower cost. The Coalition for ICD-10 brings together hospitals, health plans, medical device manufacturers, coding specialists, physician office managers, and health information
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KLAS Rates Deloitte Top Firm for ACO Strategy & Readiness

by HITC Staff 12/12/2014 Leave a Comment

Deloitte Launches ConvergeHEALTH To Support Value Based Personalized Healthcare

  According to a recent KLAS report, Deloitte has been rated the top firm for ACO strategy development and readiness assessment. The report, ACO Advisory Services 2014: Navigating the Unchartered Territory of Accountable Care, evaluates seven firms based on interviews with 41 health care organizations working to implement value-based care models against three categories: – strategy development - readiness assessment -implementation    Key Highlights The KLAS report gave Deloitte
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10 Myths about Hospital Supply Chain

by HITC Staff 12/10/2014 1 Comment

State of Healthcare Supply Chain in Healthcare

Jump Technologies, a provider of cloud-based supply chain management solutions for hospitals and healthcare organizations, announced it will take on the challenge of debunking the myths that drive inefficient and wasteful inventory management processes, where there is an estimated $60 billion savings opportunity for the U.S. healthcare industry. Getting a better grip on managing a healthcare organization’s supply and demand will save tons of money to the organization while also increasing
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Coalition for ICD-10 Responds to AMA President Dr. Robert Wah

by Our Thought Leaders 12/05/2014 11 Comments

Coalition for ICD-10 Responds to AMA President Dr. Robert Wah

  The Coalition for ICD-10 has published the following response to recent remarks made by AMA president Dr. Robert Wah, in which he compared the AMA's opposition to ICD-10 to the movie Star Wars.  In his recent speech to the AMA House of Delegates, AMA president Dr. Robert Wah characterized the planned implementation of ICD-10 as analogous to the dark forces controlling the galaxy in the movie Star Wars: “If it was a droid, ICD-10 would serve Darth Vader… For more than a
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ICD-10 Transition: 5 Critical Steps to Take Now

by HITC Staff 12/05/2014 2 Comments

ICD-10 Transition

In order to reflect advancements in medical knowledge and technology, the U.S. Department of Health and Human Services has mandated all health organizations begin use of the ICD-10 code set no later than October 1, 2015. This conversion will require tremendous effort from the health care community. The conversion to ICD-10 is daunting. Due to the numerous upgrades that will be needed to both software systems and manual processes, health care providers must begin preparing now. Those who do not
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Payers Form ICD-10 Consortium to Help Smaller Providers with ICD-10 Readiness

by Fred Pennic 11/26/2014 Leave a Comment

Payers Form ICD-10 Consortium to Help Smaller Providers with ICD-10 Readiness

Blue Cross Blue Shield of Michigan, Humana, and other payers have joined together to form the ICD-10 Consortium to help smaller providers with the transition to ICD-10, reports ICD-10 Monitor.  ICD-10 Consortium Plans The consortium members goal is to meet with healthcare provider specialty groups, such as cardiology, dermatology, etc. to prioritize the ICD-9 codes they use most, then map them into ICD-10 codes. By identifying their top 25 ICD-9 codes, these smaller practices can help gauge
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ICD-10 is the Pathway to Big Data in Healthcare

by Our Thought Leaders 11/17/2014 13 Comments

Big-Data in-Healthcare

If big data in healthcare is the future for medicine, then ICD-10 is the way to get there.  Over the past year, most of the news surrounding the International Classification of Diseases, Tenth Revision (ICD-10) has been either bureaucratic or comical in nature. Last fall, another delay of the new coding system’s implementation deadline was met with a ton of mixed feelings. Most organizations truly weren’t ready. In fact, in a survey of 1300 healthcare professionals, 55% agreed with the
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19.7M “Clinically Inappropriate” Physician Referrals Occur Each Year

by Jasmine Pennic 11/10/2014 Leave a Comment

Physician Referrals Graphic

Research from Kyruus highlights how "clinically inappropriate physician referrals" can lead to poor patient care and costly inefficiencies.     Nearly 20 million times a year in the U.S., patients are sent to a doctor who is not the right match for their specific condition. This is one of many key stats in the new physician referrals survey conducted by Kyruus,that highlights the massive issues in the doctor-patient referral system. Why does this matter? “Clinically inappropriate” referrals
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Half of Providers Unsure of ICD-10 Revenue Impact

by Fred Pennic 11/07/2014 Leave a Comment

ICD-10 Revenue Impact

Nearly half of healthcare providers are unsure of the ICD-10 revenue impact or have yet conducted revenue impact assessments, according to a new eHealth Initiative (eHI)/AHIMA survey. In fact, 35 percent believed that their organization’s revenue will decrease during the first year of ICD-10 compliance. The report provides a look at just how prepared healthcare organizations are for the upcoming ICD-10 implementation and how they think ICD-10 will impact their operations. Survey respondents
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Infographic: ICD-10 Could Help Track Ebola Outbreak

by Jasmine Pennic 10/13/2014 Leave a Comment

eBola_ICD-10_Impact_pwcwok

As the Ebola outbreak heightens after a Dallas nurse was diagnosed with the virus after caring for Ebola victim Thomas Eric Duncan before he died at Texas Health Presbyterian Hospital reveals a brewing public health concern. Currently, there is no specific ICD-9 code for Ebola and is classified as 078.89, Other specified diseases due to viruses.  The lack of specificity in patient data limits the U.S.'s ability to immediately track and respond to the Ebola outbreak from a public health
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