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Save the dates: Legislative Day & The 2014 ANI
AAHAM
Legislative Day 2014: This year's Legislative Day turns 10!

The event 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 that creates new opportunities for our industry is turning 10 and 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:

This year's event 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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Valentine's Day woes? There's an ICD-10 code for that
By Charlotte Bohnett
If you've done any shopping lately, you might have noticed the influx of pink and red decorations, the increase of candy displays and the uptick of jewelry commercials. Hallmark's favorite holiday is upon us. Of course, no holiday is without unfortunate incidents — not even the lovey, dovey Valentine's Day. No matter what goes awry, though, trust that there's an ICD-10 code for it.
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10 key healthcare transaction trends
Becker's Hospital Review
Under pressure to contain costs while simultaneously delivering higher-quality care, hospitals and health systems have been consolidating at a feverish pace in recent years. Reimbursement reductions alongside the shift to value-based payments, among other factors, have financially strained smaller hospitals, which have joined forces with larger healthcare organizations in order to survive and thrive. The Patient Protection and Affordable Care Act's call to coordinate care has also motivated providers to come together.
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Looking for similar articles? Search here, keyword(s): Managing finances.


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What is new under the final rules?
By Jessica Belle
The Mental Health Parity and Addiction Equity Act of 2008, or MHPAEA, requires that certain private and public healthcare insurance plans that offer mental health or substance use disorder benefits apply the same type of financial requirements and treatment limitations that the plan applies to medical and surgical benefits.

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CMS delays 2-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. According to a CMS update, the enforcement of the two-midnight rule will not begin until this October.

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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.

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Strategies for ACO success: Payment and incentive models
Healthcare Payer News
There is a common misconception in healthcare that nearly all value-based care models are one-of-a-kind. If this were true, the lessons learned from these approaches would not be replicable. In truth, while the starting point for value-based care models may be unique for many organizations, they are actually conceptually quite similar. At their most basic, these models are all designed to help providers prepare for changes to reimbursement while creating a sustainable business model for the future. In order to do so, they must effectively improve quality and rein in costs while helping the organization maintain profitability.
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Upcoming webinars
AAHAM
'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

'The Life of a UB04 and HCFA 1500 Billing Form'
April 9 at 1:30 - 3 p.m. EDT

'Service Recovery: Managing Difficult Patient Complaints'
May 14 at 1:30 - 3 p.m. EDT

Click here for online member registration.

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SGR fix: No pay cut
MedPage Today
Physicians will get a 0.5 percent pay increase each year for 5 years under a deal by a bipartisan team of House and Senate negotiators to repeal the sustainable growth rate formula for physician payment under Medicare. The deal announced on Feb. 6 combines the work of three congressional committees, as Democrats and Republicans have worked together for nearly a year to draft legislation that repeals the SGR.
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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!
 


ICD-10 education, CDI training must be flexible for physicians
EHR Intelligence
In the few months left before ICD-10 collides with the healthcare industry, providers have a last chance to close the gap by providing training and education to their physicians and coders. Documentation must be improved, coding skills must be practiced, and technology must be implemented in order to turn underprepared providers into ICD-10 champions.
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4 areas to watch to reduce billing costs
Healthcare Finance News
Like all businesses offering a service, hospitals need to get paid. However, getting paid can be a costly proposition. A hospital must work hard to process claims and collect payments and in that process risks wasting valuable resources. The following points out four areas hospitals need to watch in order to control the costs related to billing.
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Equalize payments for cancer care
The Hill
Members of the Medicare Payment Advisory Commission recently came to unanimous agreement that reimbursement for certain healthcare services should be consistent, regardless of the setting in which those treatments take place. It is expected that MedPAC will formalize these recommendations in its March report to Congress. This decision comes not a minute too soon for many community-based cancer care providers whose practices, and patients, have been unfairly and negatively impacted as a result of reimbursement disparity.
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Avoid common pitfalls in cost management efforts — think outside the box
Becker's Hospital Review
Today, multiple external factors are converging to rapidly push the current model for healthcare delivery to the brink. Demographic shifts, the "silver tsunami" of baby boomers, the persistent number of uninsured patients, and escalating diagnostic and treatment costs are challenging the financial viability of many healthcare organizations. From the national perspective, payers continue to curtail reimbursement, squeezing operating margins closer and closer to zero.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Creating the best healthcare consumers: Why educating patients about cost benefits everyone (Becker's Hospital Review)
Hospital operations — no longer business as usual (Lexology)
Early bundled payment projects test positive (Modern Healthcare)

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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