Healthcare Revenue Cycle, ICD-10 Latest News

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The Centers for Medicare and Medicaid Services says its Medicare and Pioneer accountable care organization initiatives have saved more than $380 million. However, participants doing well are a distinct minority.
The latest survey of physician readiness for ICD-10 from the Medical Group Management Association should give the industry pause.
Medical expenses remain out of control in the U.S., where Americans have an “unsustainable attitude” that ignores the increasing cost of health care, according to the chief executive officer of insurer Aetna Inc.
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While the American Hospital Association recently accused Medicare officials of breaking the law by suspending appeals of Recovery Audit Contractor decisions to administrative law judges for two years to reduce a huge backlog, an association representing contractors has a different perspective.
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GE Healthcare will acquire health industry workforce management software vendor API Healthcare for an undisclosed sum. The vendors expect the deal to close during the first quarter of 2014.
A team of researchers from across the industry have developed a framework for assessing the return on investment of health information systems.
The Centers for Medicare and Medicaid Services will begin releasing information on amounts paid to individual physicians under the Medicare program, but only on a case-by-case basis.
A proposed rule from the Department of Health and Human Services would require health insurers to certify compliance by the end of 2015 with HIPAA operating rules governing more uniformity of insurance eligibility, claim status, electronic funds transfer and remittance advice transactions.
Five physician societies recently asked leaders of two power congressional committees to extend the Affordable Care Act’s Medicare primary care payment increase program for at least two more years, through 2016.
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Unlike some other major industries, health care incorporates geospatial data only sparingly. But that could change quickly with population health a priority.

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