In a recent survey of healthcare payers, 35% of respondents listed cost or return on investment as their top concern with implementing new, organization-wide IT systems. This is even more disconcerting as many health insurers will need to upgrade their IT infrastructure in the next few years to meet mandates such as the ICD-10 classification transition that is due by October 2013.
This topic was found on Information Week Healthcare in their article, “Health Insurers Hindered By Outdated IT.” Medical coding requires specialized expertise and systems tailored to the regulatory requirements in which health care providers, hospitals, and doctors deliver their services. Errors cost money, period.
Access Innovations, Inc., a leader in data integrity and content creation, has announced the Access Innovations Integrity Initiative (AI³), a suite of tools and services for quality assurance and validation of medical coding. The system can be used to quickly and accurately validate medical coding or to locate errors in existing documentation. The cost savings are impressive.
The Access Innovations Integrity Initiative is not just for physicians, hospitals, and their data service providers. It also includes tools that give auditors and insurers the information management tools they need to quickly identify areas of noncompliance or suspicious activity.
Melody K. Smith
Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.