Insights from the MGMA 2014 Conference | ADP AdvancedMD
Last week’s whirlwind, the 2014 Medical Group Management Association (MGMA) Conference in sunny Las Vegas, was one of our biggest this year. Here are some amazing takeaways from the #MGMA14 show that we’ll be diving into more deeply in the months to come:
Confessions of ICD-10 deniers
Many practices that came to our booth shared confessions. A surprising number of them told us that in struggling to meet the ICD-10 deadline, time wasn’t the real opponent. Instead the culture of the industry and its impact on their practice, plus fear of the unknown, were the challenges they were really up against. We asked many about the idea of having their practices assessed for ICD-10 risk—and in response there seemed to be many who were in active denial about the impending 2015 deadline.
In the wake of target regulation compliance deadlines, it’s as if many practices have “gone beyond” to an even more challenging state of mind. Comments were to the tune of ‘I already know I’m in trouble, I just don’t want to know how badly.’ Unfortunately, our research shows that if you follow MGMA keynote speaker Lou Holtz’ advice, the two most important things you can do really are “helping patients” and “keeping your organizations solvent or profitable.” Holtz claims that anything more complicates the task at hand. So…how can we help? We want you to succeed and so do your patients.
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#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
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