A recent KLAS survey revealed that only 9% of respondents were more than halfway through their ICD-10 readiness preparations. This is a little disconcerting when you think about the timeline and the millions of dollars this could take for the large and some mid-size facilities.
Care Communications has announced the start of a new ICD-10 Documentation and Financial Risk Assessment Services designed to assess clinical documentation problems and financial risks for healthcare providers.
The impending ICD-10 implementation landed on one author’s list of things that should be keeping healthcare IT officers up at night. No surprise really considering they are under the two year mark before all transition and training needs to be implemented to the new ICD-10 medical coding program.
Software Provides Fast, In-Depth, Broad and Consistently Accurate Searches of Chemical and Pharmaceutical Industry Data Access Innovations, Inc., a leader in data integrity and content creation, has announced it has been awarded a U.S. Patent No. 8,046,212 for MAIChem™, a software-based method for searching chemical names in one or more text-containing documents that have been loaded into computer memory.
With all the talk of and worry about the impending shift to ICD-10 medical coding classifications in 2013, some people are looking for outlets in humor. This interesting and amusing topic was found on Government Health IT in their article, “What Dr. Seuss might have said about ICD-10.”
With all the talk of heathcare costs in the current form of healthcare, the talk of universal healthcare makes many fear it will rise to levels beyond our imagination. Those involved in the rally for Occupy Wall Street scare the same people for similar reasons.
Many healthcare professionals are worried that reimbursements will decline drastically after the ICD-10 implementation in 2013. Some are even comparing it to the mortage crisis.
We have talked before about the deadline most healthcare providers are counting down to – October 1, 2013. This is the day that ICD-10 will be the new standard for coding and billing. Providers must be compliant or else. Else equals a dramatic impact on their cash flow and bottom line.
Verisk Health has expanded the DxCG Risk Solutions suite to include greater predictive power and reporting capabilities. Now the product is compliant with the International Classification of Diseases, Tenth Revision, Clinical Modification (ICD-10-CM) system. This comes in time to meet the October 2013 deadline to switch from the ICD- 9 classification system to the new ICD-10-CM.
Few areas of healthcare are exempt from staring at a deadline that though two years away, isn’t feeling way too close for comfort. To prepare for the change from ICD-9 to ICD-10 providers aren't the only ones impacted by the coding switch. Vendors and payers are also feeling the crunch.