Implicit Cash Disruption?
The Centers for Medicare and Medicaid Services says that ICD-10 will be revenue-neutral. But the transition to the new coding and classification system in 2014 contains any number of likely hidden fiscal landmines.Lou Rossiter, Ph.D., director of scientific affairs at consulting firm New Health Analytics, outlined some of the likely economic pitfalls at the Healthcare Analytics Symposium in Chicago. The impact on a hospital's overall cash flow can vary widely, he said, adding that case mix, service mix and geographic region all factor in. But Rossiter's group has uncovered likely impact in such service lines as cardiology.
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