ROI During Coding Migration

In the healthcare world, the transition from ICD-9 to ICD-10 is one of the most impactful change to a healthcare provider’s business. With the dramatic increase in codes from roughly 18,000 to more than 140,000, processes for scheduling, care delivery, diagnostics, billing, and analytics will all change in one way or another.

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Cost Reduction Options for Hospitals

Many are concerned about the cost of healthcare, patients and hospitals alike. Cuts in Medicare funding, increases in insurance premiums, and new federal requirements (such as the ICD-10 medical coding transition) are putting pressure on everyone to find ways to cut costs. We found this pertinent information on Becker’s Hospital Review in their article, “6…

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ICD-10 Projects Increasing

IT management and healthcare professionals across the country are ramping up projects to create their ICD-10 plan as the December 13, 2013 deadline date nears. Everyone is facing common challenges of budget, bandwidth, staffing, training and of course, technical issues.

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Options for Reducing Patient Risk Due to Coding Errors

The federal Agency for Healthcare Research and Quality ran a study examining ways to interpret data on electronic medical records to best address patient safety concerns. A developed a set of 20 measures, known as patient safety indicators, use administrative data to screen for potentially adverse events that occur during hospitalization.

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Administrative Costs in Healthcare Continue to Rise

It is no surprise to anyone how much healthcare costs these days. Well, maybe it is still a surprise, but not in a pleasant one. The US spends far more per capita on healthcare than any other developed country — $7,538 per person, compared to $3,129 in the UK, $4,079 in Canada, and $5,003 in Norway (the second-biggest spender), according to 2008 totals compiled by the Kaiser Family Foundation.

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New Alliance Continues Use of Semantic Technology in Healthcare

The University of Pittsburgh Medical Center (UPMC) and Nuance Communications have announced a new collaboration. As makers of Dragon Medical Enterprise, Nuance’s new affiliation will offer several advantages, including more effective use of the EMR by physicians, cost savings, and the use of natural language processing will improve clinical decision-making.

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