The 10 biggest ASC industry stories of 2014
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1. ICD-10. When signed into law in April, the Protecting Access to Medicare Act of 2014 effectively delayed ICD-10 implementation until Oct. 1, 2015. Though the switch to the new code set will take place 10 months into the year, the ramifications make it one of the biggest changes to anticipate — the shift from approximately 14,000 ICD-9-CM codes to 68,000 ICD-10-CM codes is no small step to take. "It could take [ASCs] six months to a year to get up to speed," says Michael Orseno, revenue cycle director with Regent Surgical HealthICD-10 "Gut Check" and New Opportunities to Bring Case Management Audits and Appeals In-House | ||||||
Michael T. Dougherty of Provident Consulting, a solution provider at the marcus evans National Healthcare CFO Summit Fall 2014 and the National Healthcare CXO Summit Fall 2014, on why hospitals should apply continuous improvement methodologies NEW YORK, NY, Oct 17, 2014 - (ACN Newswire) - ICD-10 implementation and a recent CMS decision create significant compliance, quality, and revenue opportunities for healthcare systems and providers in 2015, according to Michael T. Dougherty, Founder and Chief Executive Officer of Provident Consulting. These accelerate the national trend towards pay for quality and outcomes, he adds. | ||||||
The preparedness survey comes from the Workgroup for Electronic Data Interchange (WEDI), which polled 324 providers, 103 payors and 87 health IT vendors. Overall, the study found that vendors and payors are more prepared for ICD-10 than providers.| By Sammer, Joanne | |
| Proquest LLC |
"I believe our policy of driving the evolution of healthcare on the backs of physicians, with little accountability of other stakeholders, is where the problem lies
If Congress had not pushed back the deadline for implementing ICD-10 last spring, the United States now would have a specific code for tracking Ebola, according to an infographic from the Coalition for ICD-10 published at HIT Consultant.| With the transition to the International Classification of Diseases, 10th Revision (ICD-10) delayed another year, healthcare organizations such as Swedish Medical Center are using the extra time to focus on detailed implementation and quality assurance measures. The postponed date has posed problems for healthcare systems that hired personnel and reallocated resources in advance of the original fall 2014 adoption date. |
First, here are the basics. The DSM is basically a list of mental disorders with numeric codes that are used in billing insurance and in accounting in government health services. It is a way psychiatrists and psychologists to get paid for treating mental disorders – or so it would appear. In the truth is something else which I will discuss below. There have been five iterations of the DSM and the current one is DSM-5. There are currently four billing codes associated with TSTG behavior in the DSM. In the DSM-5 (sometimes referred to as DSM-V) they are gender dysphoria in children, gender dysphoria in adults, autogynephilia fetishism, and transvestic fetishism.
Last week, Ken Bradley of Navicure reminded us that ICD-10 training and education means more than teaching ICD-10 codes. Medical coders need to reinforce:
We are hearing lots about ICD-10-CM/PCS (International Classification of Diseases, 10th revisions, Clinical Modification/Procedure Coding System) documentation needs.
Hospital CEOs should care about ICD-10 implementationbecause that's how hospitals get paid, Marty Fattig, chief executive officer of Nemaha County Hospital in Auburn, Nebraska writes in H&HN Daily. But many senior executives have limited knowledge of their organizations' preparedness.
Here we go again.
If there’s anything that we can all get behind, it’s improvement. We’re constantly striving to improve our health, our homes, our brains, and our lives. There’s a whole industry of professionals dedicated to process improvement.
The ICD-10 compliance date is finally less than a year away, but healthcare organizations vary in readiness for the transition.
Given the recent extension of the ICD-10 compliance date, many hospitals are stepping back and re-evaluating project plans and timelines to use this time to improve their transition readiness.0 | ||||
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