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Like the AAHAM Facebook page!
Did you know that AAHAM has a Facebook page? Well, we do and we want you to "Like" us! AAHAM posts fun and news worthy information on our FB page. Join us today. Here are three steps you can take immediately:
  1. "Like" the AAHAM page – we can be found under the name "American Association of Healthcare Administrative Management (AAHAM)"
  2. "Follow" the AAHAM page – this will assure you remain up to date on all the new activity posted by AAHAM
  3. "Invite your friends to Like the page" – we want to spread the word about the AAHAM FB page so invite your friends who are interested in the healthcare revenue cycle
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Get your behavioral health codes right
Government Health IT
In the mental health field, many psychiatric clinicians use the Diagnostic and Statistical Manual of Mental Disorders and since May 19, 2013, the updated DSM-5 for diagnosing mental disorders. Psychiatric specialists have knowledge and a comfort level with the DSM for clinical decision making. When planning for ICD-10, it is important to understand CMS policy on the matter.
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Subscription model could lower upfront costs, predict revenue
Like Xbox, Adobe and Apple, health insurers could benefit from implementing a subscription model for their products, where consumers pay upfront for a service and continue to pay a monthly or annual fee for a specific period. Advantages of the subscription model include forecasting their next month's revenue within a 3 percent margin and boosting conversion rates due to the associated convenience and savings.
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  Increase your Health System margins

Is your Health System or Practice looking to boost reimbursements? Your claims management and payment management processes are the lifeblood of your organization’s cash flow. Switch today to Optum Intelligent EDI to ensure that your organization does not miss a step in capturing revenues and reimbursements well before ICD-10. Learn more.

Save the dates: Legislative Day & The 2014 ANI
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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Lessen ICD-10's effect on coder productivity
Becker's Hospital Review
The deadline for ICD-10 is fast approaching and numerous studies forecast a significant impact on productivity. The following are six ways to decrease the effect ICD-10 will have on medical coder productivity, according to a Healthcare IT News report.

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Valentine's Day woes? There's an ICD-10 code for that
By Charlotte Bohnett
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.

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7 new objectives recommended for meaningful use Stage 3
Health Data Management
The meaningful use workgroup of the HIT Policy Committee recently released a late-stage list of recommendations for Stage 3 of the electronic health records meaningful use program, which includes seven proposed new objectives that are not required in Stage 2. The workgroup is accepting feedback before finalizing the recommendations and sending them to the Policy Committee in March.
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Reevaluating capital spending strategies
Healthcare Finance News
As healthcare reimbursement shifts from a system that rewards quantity of care to quality of care, the onus is on the CFO to determine where best to allocate financial resources and how best to pare them. This emerging responsibility marks a new direction for hospital CFOs. Longstanding payment structures in healthcare organizations were hinged to incentives for physicians, hospitals and other care providers to deliver more services to patients. Research now suggests that more services and higher expenses do not guarantee better patient outcomes.
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Looking for similar articles? Search here, keyword(s): Spending best practices.

Upcoming webinars
'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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Have EHRs, CPOE set the stage for ICD-10 acceptance?
EHR Intelligence
There's never been any shortage of grumbling about the difficulty of adopting EHRs and their companion technologies like computerized physician order entry. As hard as it has been throughout 2013 and into 2014, the ICD-10 transition would be impossible without the strong IT foundation EHRs have brought to hospitals and physician providers nationwide. After months of having ICD-10 beat into minds of healthcare professionals, have physicians finally turned the corner and started to accept that ICD-10 might be a good thing?
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Physicians push for say in value-based payments structure
HealthLeaders Media
Physicians appear energized over a deal recently announced in Congress to repeal Medicare's fee-for-service payment system and replace it with a value-based model. But they say it is critically important for them to be involved in the process of crafting the new reimbursement scheme. "The consensus is the fee-for-service system is unsustainable," said Peter Roman, MD, specialist medical director for Lowell General Hospital PHO in Massachusetts and a private practice orthopedic surgeon. "We need to move to a system that rewards value, with value defined as quality divided by cost."
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ObamaCare developers turn to payment tracking
The Hill
More than three months after ObamaCare's launch, the Centers for Medicare and Medicaid Services is developing a system to track enrollees who have made premium payments. The CMS would be able to track premium payments through the "834 form" generated on the back end of the system and transmitted from to the insurers when someone selects a plan online. "We anticipate this reporting of effectuated 834 transaction forms to increase over time as CMS's automated functionality comes online," says a CMS official.
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Community health workers may reduce readmissions
Medscape Today
A community health worker intervention led to improved post-hospital access to primary care and fewer recurrent readmissions among a population of low-socioeconomic-status patients, according to a study published online Feb. 10 in JAMA Internal Medicine. Results of the randomized trial may help inform healthcare system leaders reorganizing workforces to comply with the accountability requirements of the Affordable Care Act.
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Missed last week's issue? See which articles your colleagues read most.

    4 areas to watch to reduce billing costs (Healthcare Finance News)
CMS delays 2-midnight rule (Becker's Hospital Review)
ICD-10 education must focus on clinical documentation improvement (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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