Codified data is the prerequisite for both health care billing and clinical documentation. Topics here include: ICD-10, the role of the HIM department in I.T. efforts, data formats and standards, participation in payer incentive programs and upholding regulatory requirements.
The U.S. House of Representatives on March 26 expects to vote on a Medicare physician reimbursement arrangement that would replace the current Sustainable Growth Rate formula. The bi-partisan bill being pushed by top leaders currently has no language that could lead to a further delay in the Oct. 1, 2015 ICD-10 compliance date. However, there is no guarantee that will hold.
Congress during the month of March expects to once again attempt a permanent fix to the Medicare Sustainable Growth Rate formula for reimbursing physicians, and a delay in the ICD-10 compliance date could be in the mix, just as it was last year when the date was moved to Oct. 1, 2015.
The American Medical Association in a March 4 letter to the Centers for Medicare and Medicaid Services, along with 99 state and specialty societies, has urged CMS to come up with contingency plans to address their concerns about the potential negative impact of the ICD-10 transition.
The Workgroup for Electronic Data Interchange has released a new whitepaper providing small physician practices with guidance for ICD-10 testing.
The Centers for Medicare and Medicaid Services has announced that providers, clearinghouses, and billing agencies for the most part successfully participated in the first ICD-10 end-to-end testing week.
The Centers for Medicare and Medicaid Services is reminding providers that they can conduct acknowledgement testing with Medicare contractors anytime up to the October 1 compliance date.
The Workgroup for Electronic Data Interchange since 2009 has conducted nine surveys to track progress toward ICD-10 compliance and is asking providers, insurers, vendors and clearinghouses to again participate.
It will take at least two years for the transition from ICD-9 to ICD-10 to have a substantial impact on Medicare inpatient Medicare Severity-Diagnosis Related Groups (MS-DRG) hospital payments.
If the House Energy and Commerce Committees Subcommittee on Health has its way, there will be no further delays to implementation of ICD-10. In a hearing held Wednesday, the majority of subcommittee members expressed their desire to keep the current October 1, 2015 deadline for the code switchover.
The costs of ICD-10 implementation for small physician practices are significantly less than some earlier estimates, according to results of a new survey by the Professional Association of Health Care Office Management.
Efforts by the Centers for Medicare and Medicaid Services to prepare providers, clearinghouses, and health plans for the October 1 ICD-10 deadline are on track, and CMS is ready to process claims using the new codes.
Next week, the House Energy and Commerce Subcommittee on Health will hold two days of hearings in an effort to find a permanent solution to the flawed Sustainable Growth Rate (SGR) formula. Its also possible that this years congressional SGR fix could include a further ICD-10 delay.
IBM is introducing a new mainframe in a bet that clients will need its souped-up speed and security to handle a surge in consumers using smartphones for everything from banking to checking health-care records.
For providers working on the move from ICD-9 to ICD-10, the governments October 2015 compliance deadline may still seem far off. But it's not.
Health information management vendor Precyse Solutions and non-profit technology education center Vermont HITEC are partnering to offer a select group of students no-cost medical coding education.