Financial Impacts of ICD-10

Few healthcare organizations are unconcerned about what the future holds in regards to the ICD-10 coding classification transition and how that will impact their financial picture.

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Organizing Your Taxonomy Terms

Once you have a tentative list of terms for your taxonomy-to-be, it can be a bit overwhelming, especially if you have thousands of terms. (In scientific and technical fields, a typical taxonomy might have 5,000-10,000 terms.) How to start dealing with them all? A good first step is to organize the information into main categories. Choose some logical main areas, and don’t be too concerned up front about whether or not the areas or the initial wordings are exactly what you’ll ultimately want them to be. You’re just roughing things out at this stage. Then use those main areas as buckets, and dump the more specific terms into those buckets.

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New Use of Semantic Technology

Invention Machine has released Goldfire 7.5, an optimal decision engine. This release is available on iPad and Android Tablets, and supports decision-making and helps organizations reach the optimal results.

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Search Engine Optimization Still in the Game

ONSIS is experiencing amazing growth with their search engine optimization service, Profit By Search, which has resulted in many worldwide projects. Profit By Search works on Internet marketing and other online promotional activities using effective link building strategies, content strategies, metatagging, and other techniques.

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Healthcare Technology and Change

Healthcare systems continue to face enormous challenges. In the list, if not at the top, is the challenge of technology. eHealth is a broad term for a variety of technologies and services, from electronic health records to telecare systems. This interesting news was found on News-Medical in their article, “eHealth offers Europe solutions that can help avoid healthcare crisis.”

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Digital Days

Ars Technica brought this topic to our attention in their article, “Digital archivists: technological custodians of human history.” Every business is dealing with data storage issues, but the urgent need is for more secure archives than a mix of external hard drives, cloud storage, and proprietary data tapes.

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Anxiety Around ICD-10 Still There

Many professionals and healthcare organizations would like the Centers for Medicare and Medicaid Services (CMS) to issue a final rule that includes a firm deadline for ICD-10 implementation. Most are going on the assumption that October 2014 is a solid date, but the uncertainty about the deadline is causing some organizations difficulty in focusing on the goal.

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Government Asked To Use Emerging Technologies

Semantic web technologies now make it possible to monitor just about anybody by anybody. This monitoring has also become very cost effective for the affluent and average citizens, which is a switch because these technologies have been widely used to monitor the weak, they have not been used to monitor the powerful.

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The Fear of ICD-10

The impending ICD-10 coding classification transition has certainly scared many people who faced new training, new technology and possible reduction in cash flow due to poor reimbursements. No matter how long this dreaded event has been looming, many aren’t prepared for the significant change it will bring about.

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