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By Matt Robinson for Bloomberg.com MModal Inc. skipped a scheduled bond interest payment yesterday, taking advantage of a 30-day grace period as the provider of medical transcription services negotiates with creditors to cut the company’s debt load. “At this time no determination has been made by MModal to not pay such scheduled interest payment” within…
Dolbey and Company, Inc., which began as a partner and dealer for Thomas A. Edison’s dictation machine company, proudly announces the anniversary of its 100th year in business. In 1914, John Dolbey and Thomas A. Edison shook hands on a dictation machine franchise, and ever since, Dolbey has been a leader in dictation and document…
By: Diane Taylor, RN-BC, EHR Intelligence If you think ICD-10 is all about new codes, you are dead wrong. ICD-10 is really about “documentation” ─ we clinicians have learned from day one that, “If it’s not documented, it wasn’t done.” This situation is even truer in the ICD-10 world, where the coder must build the…
By Heather Punke for Becker’s Hospital Review Four hospital and health system CFOs discuss ICD-10, the two-midnight rule and price transparency. Hospital and health system CFOs are used to dealing with change. However, 2014 brings a few significant developments that could significantly impact the financial health of organizations. With the new two-midnight rule, the switch…
By Grant Gross on InfoWorld The agency announces a data-breach settlement with the California company A medical transcription company has agreed to settle a U.S. Federal Trade Commission complaint that its inadequate security measures allowed the personal information, including medical histories and examination notes, of thousands of people to be published on the Internet. The…
By Bob Herman for Becker’s Hospital Review In 2011, Cedars-Sinai Medical Center in Los Angeles did what many providers were hesitant to do: It decided to tackle ICD-10 as an inevitable change and began its work to transition to the new system. By contrast, only about 20 percent of providers believe they will complete or…
The health care and social-assistance sector has been rapidly growing in recent years and is expected to generate the largest number of jobs, a total of 5.6 million, and grow at an annual rate of 3%, according to the Bureau of Labor Statistics. This is the most dramatic growth of any sector in the country,…
Health system now to ‘expedite’ encryption By Erin McCann for Healthcare IT News Despite the revamped federal HIPAA Omnibus Rule which holds covered entities and business associates more accountable for failing to adequately protect patients’ health information, some groups continue to make the same old avoidable mistakes. AHMC Healthcare, a six-hospital health system in Alhambra,…
Organizations Join Forces to Improve Revenue Capture Through Improved Clinical Documentation CONCORD, Ohio, Oct. 24, 2013 — Dolbey Systems, a leading provider of Computer-Assisted Coding (CAC), and ChartWise Medical Systems, Inc., the leader in Computer-Assisted Clinical Documentation Improvement (CACDI), have formed a technology alliance enabling ChartWise:CDI and the recently announced second-generation ChartWise 2.0 software to…