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By Margaret Dick Tocknell, for HealthLeaders Media If the Affordable Care Act is fully or partially nullified by the US Supreme Court, for-profit hospital operators will face a credit-negative situation as costs increase and profit margins shrink, according to a special comment report from Moody’s Investors Service. That could be detrimental to the credit position…
Centers for Medicare and Medicaid Services proposes clinical reporting standards that physicians and hospitals will use to qualify for Stage 2 Meaningful Use bonus payments. By Neil Versel, InformationWeek A month after publishing proposed rules for Stage 2 of the Meaningful Use electronic health records (EHRs) incentive program, the Centers for Medicare and Medicaid Services…
By Carle Natale for Healthcare IT News ICD-10 implementation is a problem that affects how physicians will practice medicine. But just how to you persuade them that they need to get involved in the training and planning now? The first thing you do is put a physician on the ICD-10 steering committee. That physician is…
By Sebastian Mitchell for Medical Practice Trends There are many daily chores to being a good physician. Patient care, nursing staff issues, medical decision making, patient paper work and referrals, constant prescription refills requests; the list goes on and on. This list goes on even longer if you run your own private practice, to which…
CHICAGO—Hospitals must implement a contingency plan to deal with ICD-10, said Mary Phelps and Carol Beehler, both of PricewaterhouseCoopers during a presentation March 22 at the annual meeting of the American College of Cardiovascular Administrators (ACCA). Hospitals should go forward preparing for ICD-10, despite the fact that the Oct. 1, 2013, deadline has been delayed.…
Article by Chris Dimick, Editor-in-Chief at the Journal of AHIMA. This article was originally published on the Journal of AHIMA website on April 18, 2011 and is republished here with permission. ICD-10-CM/PCS offers organizations better data about their patient populations and the services they provide them. The code set’s greater specificity allows coding professionals to…
By John Commins for HealthLeaders Media Expect the wave of hospital mergers and acquisitions to grow, says the author of a new report from Moody’s Investor Service. The only thing that might slow the accelerating pace of M&As of not-for-profit hospitals and health systems would be if the U.S. Supreme Court overturns the individual mandate…
Originally posted at www.AHIMA.org The American Health Information Management Association (AHIMA) invites all health information professionals to join the celebration and be recognized during the 23rd annual Health Information Professionals (HIP) Week. Formerly knows as Health Information & Technology Week, HIP Week will run from March 25 through March 31. This year’s event is themed,…
By Bernie Monegain for PhysBizTech.com The Centers for Medicare & Medicaid Services’ Office of E-Health Standards and Services (OESS) announced on March 15 that it would delay enforcement of HIPAA 5010 transactions to June 30, 2012. It’s the second three-month delay on enforcement made by OESS. While the rule calls for compliance by Jan. 1,…
By Avik Roy, for Forbes Do you remember the “Louisiana Purchase?” I don’t mean Thomas Jefferson’s acquisition of land from Napoleon, but rather Democrats’ acquisition of Sen. Mary Landrieu’s (D., La.) support for the Patient Protection and Affordable Care Act. Landrieu, critics believe, pledged her vote in exchange for gaining $200 million additional federal funds…