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By Joseph Conn for Modern Healthcare Providers, payers and claims clearinghouses can look for no relief from the looming, Oct. 1 compliance deadline for the nationwide conversion to the ICD-10 family of diagnostic and procedural codes, the head of the CMS said Thursday. But some case-by-case exemptions will be made for providers having a tough…
Written by Helen Gregg for Becker’s Hospital Review Lying on blankets at an outdoor concert in Madison, Wis., last July, a group of health IT professionals were on their smartphones, finding and laughing at some of the more unusual and seemingly unnecessary ICD-10 codes. The idea of making an illustrated children’s book using the codes…
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…
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…
By Tammy Worth for Healthcare Finance News Hospitals must strategize now to keep their revenue cycle from stalling The Centers for Medicare & Medicaid Services has recommended that hospitals start testing for ICD-10 in 2013, but so far, many hospitals have not heeded that recommendation. That mistake could ultimately hit hospitals in the wallet. Business…
By Elizabeth S. Roop for For The Record Two case studies shed light on the issues to consider before making a purchasing decision. As the transition to ICD-10 edges closer, hospitals are being bombarded with information on how computer-assisted coding (CAC) can ease the process. Conference exhibits, sales calls, and direct mail campaigns can make…
The below article, published in Advance for Health Information Professionals, uses conflicting statistics from several groups and associations. Where does your organization stand? Will you be ready for ICD-10? We’d love to hear your comments! From Advance for Health Information Professionals The American Hospital Association (AHA) is optimistic that its members will be ready for…
ICD-10 testing is about knowing the answers. By Patrick McNeese for Advance for Health Information Professionals There’s an old maxim that says: “Lawyers should never ask a Georgia grandma a question if they aren’t prepared for the answer.” ICD-10 testing needs to support that truism. Prior to development of test scenarios and scripts, an understanding…
A Consultant, HIM Professional, and Vendor Weigh in on the Real CAC Impact By Mark Crawford for Journal of AHIMA HIM professionals have been looking for some truth and straight talk on computer-assisted coding (CAC). The technology has been billed as everything from the savior of coding-based bottom lines due to ICD-10-CM/PCS (ICD-10) to the…
Supply of skilled coders key to ICD-10 transition It’s all about numbers as hospitals, physician practices and health plans move forward with preparations to meet next year’s federally mandated switch from the current 36-year-old system of coding for diseases, diagnoses and clinical procedures to a new, more comprehensive standard. It’s not just the right code…