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CMS delays two-midnight rule
Becker's Hospital Review
CMS has delayed the two-midnight rule through Sept. 30 after fierce opposition came from hospitals, physicians and other healthcare groups. The two-midnight rule is a new regulation included in the 2014 Medicare inpatient prospective payment rule. According to a CMS update, the enforcement of the two-midnight rule will not begin until this October. This means Medicare administrative contractors and recovery auditors will not conduct two-midnight post-payment reviews of claims with admissions dates between Oct. 1, 2013, and Oct. 1, 2014.
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ICD-10 education must focus on clinical documentation improvement
EHR Intelligence
The race towards ICD-10 is quickly becoming a sprint as we hurtle towards the Oct. 1, 2014 implementation date, and the time has come for providers to start thinking about how to prepare the troops. Both coders and physicians need some training and education when it comes to the complicated new code set, but both paths have clinical documentation in common. In order for coders to do their jobs properly, physicians must learn how to bring their clinical notes up to par.
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Save the dates: Legislative Day & The 2014 ANI
AAHAM
Legislative Day 2014 will be held at the Hyatt Regency Washington on Capitol Hill, Washington, D.C. from April 23-24. Registration is now open! Click here to register.

Represent your facility, your state and your industry at the one political event that directly impacts you, your facility and your bottom-line — AAHAM Legislative Day. Our strong grassroots program creates new opportunities for our industry but we need your continued support! We need you to make the trip to Washington to make a difference in our industry, attendance is limited, so register to attend today. It is all about strength in numbers. The more AAHAM members participate in this effort, the stronger the voice AAHAM will have. Remember, if you don't speak up someone else will.

The 2014 Annual National Institute will be held at the Manchester Grand Hyatt in San Diego, Calif., from Oct. 15-17.

The ANI is attended by nearly 500 National members and over 75 exhibitors. Each year, the members of AAHAM come together to exchange ideas, renew old friends, make new ones and further their knowledge and education in the field of Patient Account Management.

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PRODUCT SHOWCASE
  Is your organization on track for ICD-10?
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Stage 2 meaningful use readiness a growing concern
By Pamela Lewis Dolan
A survey recently released by the Centers for Disease Control and Prevention found there has been tremendous growth in electronic health record use in the U.S. over the past several years, thanks in part to the meaningful use incentive program.

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Preparing for the new PPACA electronic payments environment
Becker's Hospital Review
The transition from paper-based processes to electronic transactions pace has been far slower than expected. That's all about to change, however, with the landmark Patient Protection and Affordable Care Act serving as the catalyst moving the industry toward greater reliance on electronic payment processing.

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Resistance is futile: Why you should embrace ICD-10
By Charlotte Bohnett
The thought of transitioning to ICD-10 and its 68,000 diagnosis codes might have you shaking in your boots. You might also be doing anything in your power to deny the inevitable — possibly to the point of eschewing any of the noted benefits of ICD-10.

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Early bundled payment projects test positive
Modern Healthcare
Experts cite a host of reasons why a bundled-payment model for an episode of care is proving to be an effective weapon for improving quality and lowering costs. The structure aligns incentives among clinicians, providers and payers; it allows providers to track their patient's care after the patient leaves a hospital or doctor's office; and it produces results more quickly than other innovative payment structures, such as accountable care organizations.
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Creating the best healthcare consumers: Why educating patients about cost benefits everyone
Becker's Hospital Review
Caregivers might decide not to discuss the cost of care with a patient because they think getting the person the treatment they need should matter most and the price tag shouldn't stand in the way. However, not mentioning the financial side of treatment options can be just as potentially harmful to a patient as not telling them about the possible side effects of their medication, says Tara Oakman, PhD, a Robert Wood Johnson Foundation program officer.
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Upcoming webinars
AAHAM
'Social Security Disability - The Basics'
Feb. 12 at 1:30 - 3 p.m. EDT

'The Myth of the Medicare Improvement Standard and Other Rehabilitation Denial Pitfalls'
Feb. 26 at 1:30 - 3 p.m. EDT

'Chaos: Surviving and Thriving in Change'
March 12 at 1:30 - 3 p.m. EDT

Click here for online member registration.

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PRODUCT SHOWCASE
  Advanced Degrees in Health Care Transformation

Propel your career with a supportive, accredited online university. A health care focused university, American Sentinel offers management, informatics, technology and nursing degrees designed for busy professionals seeking relevant health care education. Your success is our passion!
 


Hospitals look at retail pharmacies with renewed interest
HealthLeaders Media
It's more than convenience: An integrated retail pharmacy provides hospitals with opportunities to boost patient satisfaction and lower readmission rates while producing modest revenue. U.S. hospitals have offered on-campus retail pharmacies for years, but the drive to achieve improvements across the continuum of care is prompting a surge in new facilities and reinvention of existing on-site drug stores.
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Hospital operations — no longer business as usual
Lexology
It's not an easy time to be a hospital or health system. Between declining reimbursement rates from Medicare and Medicaid, pressure for greater transparency on cost and quality, and a potential surge in demand as a result of the Affordable Care Act, many hospitals are realizing that their old operating model just won't work in the post-reform landscape.
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CFO Roundtable: How will 3 major changes for the year ahead affect finances?
Becker's Hospital Review
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 to ICD-10 just months away and talks of price transparency looming large, hospital and health system finances are undergoing unprecedented change. These issues have made CFO leadership as important as ever for the nation's hospitals.
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9 rural providers test out ACO initiative
Modern Healthcare
A new model that could allow smaller providers to participate in the Medicare Shared Savings Program without the usual massive upfront costs or large patient base is being tried as nine rural health providers kick off their participation in the 2014 initiative. The group is participating in the National Rural ACO, an initiative designed to help rural providers that don't have the deep pockets, size or scale to participate in the CMS program on their own.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    CMS to conduct ICD-10 testing in March (American Medical Association)
What do ACOs reveal about the importance of integration? (EHR Intelligence)

Don't be left behind. Click here to see what else you missed.


 

AAHAM eNewswatch
Colby Horton, Vice President of Publishing, 469.420.2601
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Lisa Smith, Senior Content Editor, 469.420.2644  
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