Claims Processing
Even though it has felt, perhaps, as if the opposite was true for several years, hospitals and medical practices are captains of their own ICD-10 ships -- a fact that's more apparent now, literally days from shore, than ever before.
Medicare fee-for-service providers, clearinghouses and billing agencies built on earlier successes during the final end-to-end testing week in July, according to the Centers for Medicare & Medicaid Services.
Fifteen years after the Y2K panic, the healthcare industry is once again closely watching the calendar. Not since Jan. 1, 2000, have so many industry professionals had their eyes on a deadline as they do on Oct. 1, 2015.
Healthcare's revenue cycle management processes are undergoing lightning-fast change on many different fronts: "Providers are now, in earnest, starting to grasp how quickly this paradigm shift is occurring."
What to make of the newest Congressional wrangling over the conversion to ICD-10 and the rekindled debate that has followed. Also: the one thing healthcare executives should be doing right now.
Payer report cards released today by health IT company athenathealth and healthcare communications firm ReviveHealth show insurers strong on operational performance, but still lacking in provider trust.
The list of organizations lining up against ICD-10 is growing -- as is the ferocity of their tone, as the latest in the fray is a conservative think tank that's calling on Congress to abandon the code set transition.
One thing about ICD-10 is becoming crystal clear: The compliance deadline is not going to arrive without Congressional resistance. A new GOP-sponsored House bill calls for an 18-month transition period to ensure the conversion goes smoothly.
Now that the actual proposed legislation for the new Cutting Costly Codes Act of 2015 is available, here's what we know about Republican Texas Rep. Ted Poe's latest attempt to scuttle ICD-10.
The U.S. healthcare industry's billing and payment system is a horse-and-buggy in a world contemplating driverless cars, a new report from PwC asserts and calls for going to digital options stat.