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Should your practice hire an ICD-10 coder?
By Brooke Andrus
The switch to ICD-10 will trigger a monumental shift in the way medical practitioners code patient diagnoses. The result is increased specificity in coding, but all that slick, souped-up data comes at a cost — time. And as a rehab therapist, you don't have a lot of that to spare. So rather than trying to manage the transition — and master a code set with five times more codes than the library you're used to — all by yourself, you might want to consider calling in some backup in the form of an ICD-10 coder.
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CPOE trial shows signs of success
FierceHealthIT
In the past, there hasn't been much research into what determines success for a computerized physician order entry system. But when John Kenagy, Ph.D., senior vice president and CIO of Legacy Health in Portland, participated in a trial with Kaiser Permanente Northwest and Oregon Health & Science University, he found the model's three variables — information quality, technology quality and service quality — were predictive of success.
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Save the dates: Legislative Day 2014 & 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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CMS keeps industry on its toes with Medicare Advantage rates
Healthcare Payer News
While keeping their options open, Medicare regulators are proposing to reduce Medicare Advantage rates by 3.5 percent, along with some other changes that could make the decline even steeper. The Centers for Medicare & Medicaid Services released the much anticipated advanced notice of annual Medicare Advantage and Part D changes amid expectations of a large decline and warnings, media campaigns and lobbying by a number of insurers, trade groups, lawmakers and seniors organizations.
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Federal government amends patient access to laboratory test results
By Jessica Belle
Soon patients and patients' personal representatives will be able to obtain copies of completed laboratory test reports directly from laboratories.

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Like the AAHAM Facebook page!
AAHAM
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.

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Subscription model could lower upfront costs, predict revenue
FierceHealthPayer
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.

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Avoid claim denials and keep ASC revenue cycles efficient through ICD-10
Becker's ASC Review
Surgery centers depend on collecting payments on-time and in-full. The best type of employee to have in revenue cycle management is someone who is willing to go the extra mile to ensure things are done right. These staff members must also be able to collect from patients. The following are five key ideas to make ambulatory surgery center revenue cycle management better.
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Like the AAHAM Facebook page!
AAHAM
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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Is current EHR technology ready for accountable care?
EHR Intelligence
Health systems, hospitals and physician practices continue to implement models of accountable care, but do they have the EHR and health IT systems and services on hand to manage a patient population and the risk they have assumed? A new guide to accountable care claims the technology is there but it requires some serious tweaking.
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Revenue cycle unites supply chain and IT
Healthcare Finance News
You can't optimize the healthcare supply chain without technology. A number of critical factors are pushing health systems to closely examine supply chain analytics: Reimbursement is shifting downward in the fee-for-service environment; hospitals are penalized financially for readmissions; the national economy remains stagnant; and everyone anticipates decreasing patient volumes and financially threatening shifts in patient acuity trends.
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Upcoming webinars
AAHAM
'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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Planning for lasting declines in admissions
Modern Healthcare
In earnings reports released this year, some of the biggest U.S. hospital operators are blaming weak performance on flagging hospital volumes. That highlights a persistent shift in where patients are receiving care because of major changes in payment and delivery and continued weakness in the overall economy, analysts say. Hospital systems are setting their strategic plans with the assumption that inpatient care will continue to decline.
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Why hospital CFOs should consider green strategies
Becker's Hospital Review
Throughout the past few years, many studies and analyses have concluded that healthcare sustainability investments are not only good for a hospital or health system's mission — they are also good for the bottom line. For example, a study from architecture firm Perkins+Will showed hospitals that pursue Leadership in Energy and Environmental Design, or LEED, certification don't add much to the total capital construction costs, but they benefit from the energy savings associated with LEED designs.
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Looking for similar articles? Search here, keyword(s): Financial benefits of eco-friendly operations.


Hospitals have new tool to save money
The Wall Street Journal
America's hospitals need to go on a diet. Hundreds of billions of dollars are wasted in our healthcare system each year. In 2009 alone, $750 billion was spent in the U.S. on unnecessary health services, according to a 2012 report from the Institute of Medicine. Now, a "waste index" developed for hospitals is giving them the information they need to eliminate waste without compromising care.
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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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