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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: 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 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 Edmund Billings, MD for HIT Consultant The “perfect storm” will be quickly descending upon the healthcare system. Let me concede from the outset that, in this article, I lean toward the negative—dire predictions, worst-case scenarios, a bit of doom and gloom, etc. But I ask you, oh gentle, patient reader, how could I not?…
Cincinnati, OH, November 19, 2013 – Dolbey today announced that Covenant Health, East Tennessee’s leading provider of healthcare, has selected the Fusion CAC solution for each of their seven hospitals. Increased coder productivity and improved financial performance were driving factors in making this decision while preparing for the dramatic healthcare change to ICD-10. Covenant’s physicians…
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…
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…