ICD-10 costs: Lower than expected? - FierceHealthIT
November 14, 2014 | By Dan Bowman
ICD-10 implementation costs may not be as burdensome as previously thought for small physician practices, at least according to a post in this month's Journal of the American Health Information Management Association (AHIMA).
The post's authors, which include a physician manager and health information systems project managers for 3M Health Information Systems, estimate the costs for small practices--three physicians plus two other impacted staff members such as coders--to be between $1,960 and $5,900; by contrast, they point out that recent estimates by advisers used by the American Medical Association peg the costs to be between $22,560 and $105,506.
The latter estimates are so high, the authors say, partially because they are padded with other costs that impact, but are not directly related to, ICD-10 efforts, including the adoption of electronic health records.
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
11/17/14
ICD-10 Transition Costs Lower Than Previously Estimated, Study Says #ICD10 #ICDRemediator #ICD10Matters #HealthIT
ICD-10 Transition Costs Lower Than Previously Estimated, Study Says - iHealthBeat
Friday, November 14, 2014
The costs for small physician practices to transition to ICD-10 could be significantly lower than previously estimated, according to a study published online in the Journal of the American Health Information Management Association, Health Data Management reports.
Background on ICD-10
U.S. health care organizations are working to transition from ICD-9 to ICD-10 code sets to accommodate codes for new diseases and procedures. The switch means that health care providers and insurers will have to change out about 14,000 codes for about 69,000 codes.
In April, President Obama signed into law legislation (HR 4302) that pushed back the ICD-10 compliance date until at least October 2015.
In July, CMS announced a final rule that established Oct. 1, 2015, as the new ICD-10 compliance deadline for payers and providers still making the transition.
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
Friday, November 14, 2014
The costs for small physician practices to transition to ICD-10 could be significantly lower than previously estimated, according to a study published online in the Journal of the American Health Information Management Association, Health Data Management reports.
Background on ICD-10
U.S. health care organizations are working to transition from ICD-9 to ICD-10 code sets to accommodate codes for new diseases and procedures. The switch means that health care providers and insurers will have to change out about 14,000 codes for about 69,000 codes.
In April, President Obama signed into law legislation (HR 4302) that pushed back the ICD-10 compliance date until at least October 2015.
In July, CMS announced a final rule that established Oct. 1, 2015, as the new ICD-10 compliance deadline for payers and providers still making the transition.
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
Managing the ICD-10 Doubt #ICD10 #ICDRemediator #ICD10Matters #HealthIT
Managing the ICD-10 Doubt
11.14.14 by Linda Reed, R.N.
Despite widespread doubt that ICD-10 actually will happen next October, hospital leaders can ill-afford to stand pat. The consequences of doing nothing are severe, says CIO Linda Reed, R.N.
“The deadlines are not changing. … Let me repeat that, the deadlines ARE NOT changing.”
Karen Trudel, then acting director of the Centers for Medicare & Medicaid Services’ Office of E-Health Standards and Services, uttered those now infamous words at the 2011 American Health Information Management Association’s ICD-10 Summit. Many of us, myself included, took that message as gospel and repeated it often to our leadership teams, our physicians and our boards. Based upon this certainty, we upgraded systems, prepared training programs, created clinical documentation improvement programs, and dedicated precious dollars to meeting this immovable deadline — flipping the switch on Oct. 1, 2013, from ICD-9 to ICD-10. Well, we all know how that turned out.
Fast forward to October 2014. Many organizations have slowed down, if not completely stopped, their ICD-10 preparations. When someone brings up the topic and asks when we plan to reinvigorate our efforts, the anemic enthusiasm is palpable. Based on the last experience, ongoing resistance by the American Medical Association and the lack of significantly confident messaging from Health & Human Services and CMS, it is hard to convince key constituents that, once again, we need to ramp up significant monetary and human resources to address ICD-10. It is hard to overcome the doubt.
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
11.14.14 by Linda Reed, R.N.
Despite widespread doubt that ICD-10 actually will happen next October, hospital leaders can ill-afford to stand pat. The consequences of doing nothing are severe, says CIO Linda Reed, R.N.
“The deadlines are not changing. … Let me repeat that, the deadlines ARE NOT changing.”
Karen Trudel, then acting director of the Centers for Medicare & Medicaid Services’ Office of E-Health Standards and Services, uttered those now infamous words at the 2011 American Health Information Management Association’s ICD-10 Summit. Many of us, myself included, took that message as gospel and repeated it often to our leadership teams, our physicians and our boards. Based upon this certainty, we upgraded systems, prepared training programs, created clinical documentation improvement programs, and dedicated precious dollars to meeting this immovable deadline — flipping the switch on Oct. 1, 2013, from ICD-9 to ICD-10. Well, we all know how that turned out.
Fast forward to October 2014. Many organizations have slowed down, if not completely stopped, their ICD-10 preparations. When someone brings up the topic and asks when we plan to reinvigorate our efforts, the anemic enthusiasm is palpable. Based on the last experience, ongoing resistance by the American Medical Association and the lack of significantly confident messaging from Health & Human Services and CMS, it is hard to convince key constituents that, once again, we need to ramp up significant monetary and human resources to address ICD-10. It is hard to overcome the doubt.
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
Medical Billing and Coding Comparison of ICD 9 vs ICD 10 #ICD10 #ICDRemediator #ICD10Matters #HealthIT
Medical Billing and Coding Comparison of ICD 9 vs ICD 10 – Video
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
How to Avoid those New Coder Frustrations #ICD10 #ICDRemediator #ICD10Matters #HealthIT
How to Avoid those New Coder FrustrationsLibman Education Inc.
Pamela J. Haney, MS, RHIA, CCS, CPC-H
Director of Training and Education for Libman Education
I recently received an email from a RHIT expressing concerns about finding that first coding position:
“We go to school, get certified and whenever we try to get a position in the coding field, the same roadblock hits you square in the face. If we do not have 2 to 3 years experience no one will even give us an interview to say nothing about training for a coding position.”
The gap between training and your first position can be overwhelming to recent grads that have invested their time and money into schooling for a new profession. How do you find that first position to gain experience?
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
Pamela J. Haney, MS, RHIA, CCS, CPC-H
Director of Training and Education for Libman Education
I recently received an email from a RHIT expressing concerns about finding that first coding position:
“We go to school, get certified and whenever we try to get a position in the coding field, the same roadblock hits you square in the face. If we do not have 2 to 3 years experience no one will even give us an interview to say nothing about training for a coding position.”
The gap between training and your first position can be overwhelming to recent grads that have invested their time and money into schooling for a new profession. How do you find that first position to gain experience?
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
Counting down to ICD-10 implementation #ICD10 #ICDRemediator #ICD10Matters #HealthIT
Counting down to ICD-10 implementation - News - California Medical Association
November 14, 2014
Practice Management
With less than a year until the October 1, 2015, implementation date for ICD-10, physicians should be evaluating the readiness of their practices to transition to the new code set. The one-year delay in implementation came as a welcome reprieve for many physician practices that were struggling to meet the October 2014 deadline. The extent to which physician practices made positive use of the delay remains to be seen.
ICD-10 (The International Classification of Disease tenth revision) is a system of coding created in 1992 as the successor to the previous ICD-9 code set. ICD-10 will include new procedures and diagnoses, which the U.S. Department of Health and Human Services hopes will improve the quality of information available for quality improvement and payment purposes.
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
November 14, 2014
Practice Management
With less than a year until the October 1, 2015, implementation date for ICD-10, physicians should be evaluating the readiness of their practices to transition to the new code set. The one-year delay in implementation came as a welcome reprieve for many physician practices that were struggling to meet the October 2014 deadline. The extent to which physician practices made positive use of the delay remains to be seen.
ICD-10 (The International Classification of Disease tenth revision) is a system of coding created in 1992 as the successor to the previous ICD-9 code set. ICD-10 will include new procedures and diagnoses, which the U.S. Department of Health and Human Services hopes will improve the quality of information available for quality improvement and payment purposes.
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
ICD-10 Delayed: What Practices Can Do Now #ICD10 #ICDRemediator #ICD10Matters #HealthIT
ICD-10 Delayed: What Practices Can Do Now, Medical
[ Report Paper ]
1. Organize and Assess: Review changes to compliance timeframes ID leaders who represent impacted functions from coding to technology Physician Education Others , Establish WGs to execute revised implementation plan Present ICD-10 overview to staff – explain Coding ICD-10 Transition Team HIM the date changes as well as the importance and scope of this new code set , Communicate regular updates and alerts , Dates, contacts, staff responsibility, progress , ID vulnerabilities (ie, clinical trials, workers comp). Organize and Assess: Who assigns your codes? – Clinicians themselves? – In house professional coders? – Professional coders outside the practice? Each requires an assessment and may require training.
When should you train internal staff? – Too early, another delay. Too late, may not be ready – Consider 3-6 months out. Require proof that your external coders have been retrained (re-certified).
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
[ Report Paper ]
1. Organize and Assess: Review changes to compliance timeframes ID leaders who represent impacted functions from coding to technology Physician Education Others , Establish WGs to execute revised implementation plan Present ICD-10 overview to staff – explain Coding ICD-10 Transition Team HIM the date changes as well as the importance and scope of this new code set , Communicate regular updates and alerts , Dates, contacts, staff responsibility, progress , ID vulnerabilities (ie, clinical trials, workers comp). Organize and Assess: Who assigns your codes? – Clinicians themselves? – In house professional coders? – Professional coders outside the practice? Each requires an assessment and may require training.
When should you train internal staff? – Too early, another delay. Too late, may not be ready – Consider 3-6 months out. Require proof that your external coders have been retrained (re-certified).
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
What Toll Are ICD-10 Delays Taking On Your HIT Clients #ICD10 #ICDRemediator #ICD10Matters #HealthIT
What Toll Are ICD-10 Delays Taking On Your Healthcare IT Clients
By Megan Williams, contributing writer
What Toll Are ICD-10 Delays Taking On Your Healthcare IT Clients?
As ICD-10 continues to be delayed, your clients will face a range of different effects.
ICD-10 implementation has been extended until October 1, 2015, giving unprepared providers time to adjust, even as physicians continue to express their disapproval.
Wasted Resources
An article from Health Leaders Magazine highlights the fact that, while the extension has been welcomed by many providers, it has left others penalized for preparedness.
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
By Megan Williams, contributing writer
What Toll Are ICD-10 Delays Taking On Your Healthcare IT Clients?
As ICD-10 continues to be delayed, your clients will face a range of different effects.
ICD-10 implementation has been extended until October 1, 2015, giving unprepared providers time to adjust, even as physicians continue to express their disapproval.
Wasted Resources
An article from Health Leaders Magazine highlights the fact that, while the extension has been welcomed by many providers, it has left others penalized for preparedness.
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
ICD-10 is the Pathway to Unlocking Big Data in Healthcare #ICD10 #ICDRemediator #ICD10Matters #HealthIT
ICD-10 is the Pathway to Unlocking Big Data in Healthcare
11/17/2014
If big data in healthcare is the future for medicine, then ICD-10 is the way to get there.
William Rusnak MD
Over the past year, most of the news surrounding the International Classification of Diseases, Tenth Revision (ICD-10) has been either bureaucratic or comical in nature. Last fall, another delay of the new coding system’s implementation deadline was met with a ton of mixed feelings. Most organizations truly weren’t ready. In fact, in a survey of 1300 healthcare professionals, 55% agreed with the decision to delay the transition. In the meantime, we kept the topic interesting by poking fun at some of the most outrageous codes. It was a good time. In all seriousness, though, ICD-10 has major potential in improving the way healthcare is provided.
Forgetting the idea that this coding system is largely designed for better billing, that the cost of conversion may be as high as $226,105, and that providers will eventually be forced to make the switch, let us take a look at the benefits of ICD-10.
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
11/17/2014
If big data in healthcare is the future for medicine, then ICD-10 is the way to get there.
William Rusnak MD
Over the past year, most of the news surrounding the International Classification of Diseases, Tenth Revision (ICD-10) has been either bureaucratic or comical in nature. Last fall, another delay of the new coding system’s implementation deadline was met with a ton of mixed feelings. Most organizations truly weren’t ready. In fact, in a survey of 1300 healthcare professionals, 55% agreed with the decision to delay the transition. In the meantime, we kept the topic interesting by poking fun at some of the most outrageous codes. It was a good time. In all seriousness, though, ICD-10 has major potential in improving the way healthcare is provided.
Forgetting the idea that this coding system is largely designed for better billing, that the cost of conversion may be as high as $226,105, and that providers will eventually be forced to make the switch, let us take a look at the benefits of ICD-10.
Click the link above for access to the article
#ICD10 #ICDRemediator #ICD10Matters #HealthIT
Get Remediator to assist in your readiness for the ICD-10 switchover www.icdremediator.com
11/16/14
#Movember See my pathetic mustache
I'm participating in Movember and for 30 days I've committed to changing the face of men's health. I'm asking you to support my efforts by making a donation at http://mobro.co/arthurtrevethan.
We need to take action, as the current state of men's health is unacceptable:
· In the US, men die on average almost 5 years earlier than women
· 1 in 7 men will develop prostate cancer
· Testicular cancer is the most common cancer in men ages 15-35 years
· More than four times as many men as women die by suicide in the US
The Movember Foundation is working around the clock and around the world to improve the lives of men and their families affected by prostate cancer, testicular cancer and mental health problems. They can't do this without our donations, so please contribute to my efforts to make a difference.
If you're interested in learning more about the programs Movember funds, please click here.
Thank you for your support. Together, we can change the face of men's health
We need to take action, as the current state of men's health is unacceptable:
· In the US, men die on average almost 5 years earlier than women
· 1 in 7 men will develop prostate cancer
· Testicular cancer is the most common cancer in men ages 15-35 years
· More than four times as many men as women die by suicide in the US
The Movember Foundation is working around the clock and around the world to improve the lives of men and their families affected by prostate cancer, testicular cancer and mental health problems. They can't do this without our donations, so please contribute to my efforts to make a difference.
If you're interested in learning more about the programs Movember funds, please click here.
Thank you for your support. Together, we can change the face of men's health
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