The ICD-10 Transition
As the October 1 compliance deadline approached, so did the tension for providers and payers about the transition to the ICD-10 coding system. But, overall, healthcare organizations managed the transition well, as a result of extensive planning, focused training and excellent cooperation within segments of the industry. While coding productivity has been impacted, now the industry will need to become proficient in use of the new codes.
Meaningful Use Stumbles, Accommodations Help
The Meaningful Use Incentive Program for adoption of EHRs advanced very slowly in 2015, with providers struggling to meet objectives that would enable them to attest to achieving Stage 2 of the program. In March, the Centers for Medicare and Medicaid Services announced a plan to make it easier to achieve Stage 2, but a final rule wasnt released until October; a significant delay that didnt provide much-needed relief for providers. A Stage 3 final rule also was released, which also irked provider organizations because Stage 2 attestation was lagging. In this next year, much work lies ahead on determining the future of the program, including determining the final form of Stage 3 of the program. (Photo: Fotolia)
Value-based Care Ready to Accelerate
The Centers for Medicare and Medicaid Services is moving relatively quickly toward value-based care. The agency announced in early 2015 that it will tie 30 percent of its total provider payments to quality and value by the end of 2016, and 50 percent by 2018, through alternative payment models such as accountable care organizations and patient centered medical homes. Thats causing providers to rethink the information technology theyll need to succeed under this new reimbursement model. Providers also are seeing the importance of analytics in improving their odds of succeeding with new reimbursement approaches. (Photo: Fotolia)