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How ICD-10 implementation affects ED physicians
By Tom Ward, M.D., FACEP
Time is precious in the emergency department, where patients arrive unscheduled, the broad scope of medicine is fully encountered and rapid decisions are frequently made — in some cases with great impact on a patient's survival. Adding greater burdens on physicians in this setting is both unproductive and unwise. The transition to ICD-10 may present yet another burden on the ED physician, but picking the right approach for generating ICD-10 codes can make a big difference.
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Providers, patients and finances: New guidelines offer a roadmap for communication
Becker's Hospital Review
With the rise of high-deductible health plans, patients are paying more out of their own pockets for healthcare, and subsequently they're becoming more concerned about the cost of a trip to the hospital or physician's office, says Joe Fifer, president and CEO of the Healthcare Financial Management Association. At the same time, providers have been operating without a roadmap for talking to patients about the financial aspect of care. In order to address that problem, HFMA recently published industry-wide best practices for improving and standardizing provider communication with patients about financial responsibilities.
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Webinar: 'CRCP, The Certified Revenue Cycle Professional'
AAHAM
Topic: CRCP, The Certified Revenue Cycle Professional

When: Wednesday, Nov. 13, Dec. 11 or Jan. 8, noon - 12:30 p.m. EST

Speakers: AAHAM President Elect, Victoria DiTomaso, CRCE-I and AAHAM Second Vice President, John Currier, CRCE-I

Join us to learn all about the newest AAHAM certification, the Certified Revenue Cycle Professional. Find out about who should take this exam, the format, costs and what it means to your career development. There will also time to answer your questions!

We are offering this FREE webinar on three different dates to make it accessible to all of you! Choose Nov. 13, Dec. 11 or Jan. 8.

Click here to download the full description and printable order form.

Click here to register online.

Everyone earns 1 CEU for attending

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PRODUCT SHOWCASE
  Webcast November 8th 1-2PM Central

How Patient Access Automation and Process Improvements Drove Revenue Cycle Results at Health First

POS Collections up 30%, Bad Debt Write-Offs down 41%, and A/R Days down 15% through automated processes and comprehensive benefits advising for all patients. Presenters - Michelle Fox, Health First, and Paul Shorrosh, AccuReg.

 


Bringing the revenue cycle to the next level
Healthcare IT News
It's the new norm in healthcare – using data to drive clinical decisions and achieve better outcomes. So, why are so few healthcare organizations taking the same approach and using financial data and analytics to support a stronger revenue cycle? With revenue stakes at an all-time high and patients shouldering more payment responsibility, most healthcare organizations are missing a significant opportunity to effectively leverage critical data that can mitigate bad debt or delayed payment risk.
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Looking for similar articles? Search here, keyword(s): Optimal financial performance.


Webinar: 'Social Media And Healthcare'
AAHAM
Topic: Social Media And Healthcare

When: Wednesday, Dec. 4, 1:30-3 p.m. EST

Speakers: Randy Blue, Director of Sales for MediRevv

Registration Deadline: Payment must be received on or before Nov. 20. You will receive your confirmation and handouts via email by Nov. 27.

Most businesses and healthcare organizations are using social media now. This basic level session will provide a general overview of what social media is. Learn how the major social media sites are being used, examples of how healthcare organizations are utilizing social media both well and poorly. Legal decisions regarding employer/employee rights pertaining to social media will be covered. Find out about the ten best practices for a healthcare executive's usage of LinkedIn.

Click here to download the full description and printable order form.

Click here to register online.

Everyone earns 3 CEU's for attending

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FEATURED ARTICLE
TRENDING ARTICLE
MOST POPULAR ARTICLE
Study: Hospital CEO pay and performance not related
By Pamela Lewis Dolan
As physician payment shifts toward outcome and value-based models, a new study finds no correlation between quality and hospital CEO pay. The study examined hospital CEO pay and its correlation to various hospital characteristics.

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Payment reform: Flat facility fees and ACOs aren't enough
Health Affairs
The explosive growth of hospital costs is one of the key culprits in the nation's high healthcare spending. Nonetheless, attempts to reform hospital payment methodologies are usually greeted with fierce criticism.

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Common ICD-10 errors for hospital coders to watch for
Becker's Hospital Review
The Healthcare Information and Management Systems Society and Workgroup for Electronic Data Interchange recently released a report on its ICD-10 national pilot program. The groups found many errors existed in the transition to the new coding system.

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Healthcare prices remained flat from August through September
Healthcare Finance News
Overall U.S. healthcare prices remained relatively unchanged from August to September 2013, according to the federal Bureau of Labor Statistics. The BLS' Producer Price Indices measure average changes in selling prices received by domestic producers for their output. The September PPI report indicated that prices across the range of healthcare industries were essentially equivalent to those in August, although 1.0 percent higher than a year ago.
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Preparing for the productivity gap: Protecting your revenue when ICD-10 goes live
Becker's Hospital Review
Now that the ICD-10 transition is roughly a year away, it is vital for HIM directors, CFOs, CIOs and other healthcare leaders to understand not only how it will affect their organizations, but how to prepare for the transition in a way that minimizes its impact on revenue, operations and more. The move toward the "new" code set has been underway for more than two decades; more than 20 countries already have switched to their own uses of ICD-10. In many of these cases, coder productivity levels have plummeted following implementation.
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3 reasons for slowed ACO-growth
FierceHealthcare
Although the healthcare industry initially jumped on the accountable care organization bandwagon to improve healthcare outcomes, lower costs and boost patient satisfaction, there has been little growth in new ACOs since September and it appears as if the downward trend will continue.
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'Obamacare' rollout hampered by operating rules lag
InformationWeek
Government health insurance exchanges — both the state-run ones and the federally operated Healthcare.gov — might have much less trouble sending enrollment data to the health plans if government-mandated operating rules for that electronic transaction, called the 834 transaction, were already in place. But, due to an inexplicable oversight, the 834 operating rules are not scheduled to go into effect until Jan. 1, 2016.
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Study: Docs favor paper over portals
Government Health IT
Patient portals will become a big part of the requirements doctors must fulfill for Stage 2 meaningful use in the EHR incentive program. And that means that doctors have a long way to go to get there because the vast majority still like communicating the old-fashioned way. According to a new study, the majority of providers still are using telephone, face-to-face conversations or letters to communicate with patients rather than opting for portals, remote monitoring or online personal health records.
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See related story: 7 steps to getting docs on board with ICD-10 (Government Health IT)


TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Common ICD-10 errors for hospital coders to watch for (Becker's Hospital Review)
ICD-10-CM from an optimistic coder's perspective (By Elizabeth Morgenroth)
Webinar: 'CRCP, The Certified Revenue Cycle Professional' (AAHAM)
Study: Hospitals maneuver financial operations to adopt full scale outsourcing (PRWeb)

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


 

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Colby Horton, Vice President of Publishing, 469.420.2601
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