Claims Processing
"I'm surprised that we continue to see the status quo in revenue cycle management," says Sean Wieland, managing director and senior research analyst at Piper Jaffray, adding that, "If any other industry had a revenue cycle like that, we'd all be living like the Amish."
The top ICD-10 takeaway from the AHIMA Convention and Exhibit is that the industry's readiness still comprises all the points between not-knowing and already prepared.
Physicians and other healthcare professionals will have to employ much more accurate and specific documentation of their care if ICD-10 coding is to work right, speakers asserted in an education session at the AHIMA Convention and Exhibit.
The problems plaguing the insurance exchange site can be blamed on poor coding and political pressures, according to three technology experts interviewed by Healthcare IT News. While all three identified inadequate pre-launch testing as a big source of its technical woes, they disagreed on whether the Obama administration's call for outside help is the right way forward.
Three weeks after the disastrous launch of its health insurance marketplace, the Obama administration has vowed to redouble its efforts to fix its many glitches, promising a 'tech surge' to iron out its problems and improve the customer experience.
In the revenue cycle management market, hospitals show high adoption of technology focused on eligibility and scheduling, with much work left to be done around charity screening and propensity to pay, according to a new report from HIMSS Analytics.
Who would have thought that something so simple as copy and paste could have such serious consequences? Diana Warner, director at AHIMA, confirmed the seriousness of inappropriately using copy and paste functions in electronic health records. And the government agrees -- it's no laughing matter.
The start date for Stage 2 of the meaningful use incentive program, expected to begin Oct. 1, 2013 for hospitals and Jan. 1, 2014 for eligible providers is once again up for discussion.
The $2.4 billion hospital RCM software and services industry expects double digit increases in 2014 because of business shifts, reimbursement and payment reforms, accountable care participation, ICD-10 coding challenges, physician practice acquisitions, collection issues, and overall declining margins.
A new poll by the American College of Physician Executives was prompted by a federal court judge's decision to overturn a longstanding injunction that prevented CMS from releasing information about payments to individual physicians.