Webinar: Ensure ICD-10 Sucess

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Ask the Expert: How to Ensure ICD-10 Success

Wednesday, August 12th, 12 p.m. ET

The October 1 deadline is nearly here, and if your practice isn’t prepared for ICD-10, your cash flow could take a serious hit. In this free webinar, our resident ICD-10 expert will help you assess your practice’s readiness, and discuss crucial strategies to ensure you thrive through the transition.

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Webinar: Improve Self-Pay Patients Payments

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Improve Self-Pay Patient Payments

Join us Wednesday, July 16th, 2014 at 12:15pm ET

Patients today are facing higher premiums, larger co-payments and bigger deductibles. And a greater financial burden for your patients means a greater collection burden for your practice.

Your first step towards thriving through the rise of self-pay can begin right now. In this free webinar, you’ll learn strategies for solid practice management, how to develop a specific plan to improve self-pay patient payments and essential staff training tips.

 

Join self-pay expert Emily Putnam as she discusses:

  •      How to create a self-pay policy—and what every strategy should include
  •      The immediate need to implement a self-pay policy and train staff
  •      Tactics, tools and technologies to improve self-pay patient payments and reduce DAR
  •      How a health care IT services partner can help you achieve your self-pay goals

Register Today!

ICD-10: Ignorance is Not Bliss – Part 2

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The ICD-10 compliance date of October 1, 2014 draws nearer every day. While many individuals in healthcare believe this initiative to impact only coders and billing staff, that misconception will certainly prove detrimental on many levels. All involved in the patient care experience will be impacted, even the patient (as introduced in ICD-10: Ignorance is Not Bliss – Part 1.) In Part 2 of this 4 part series, we will continue to follow our patient through her post-ICD-10 experience. When we last left off, Doris Jones was waiting for an exorbitant amount of time in the clinic waiting room to see her doctor. After an hour, she is finally checked in and called back by the Medical Assistant.

Scenario: Please Visit Ignorance is Not Bliss – Part 1 for Mrs. Jones’ situation.

Now let’s see just how this change really can affect everyone…

Continue reading: ICD-10: Ignorance is Not Bliss – Part 2

ICD-10: Ignorance is Not Bliss – Part 1

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By now, most individuals working in Healthcare have heard of ICD-10. The varying degrees of familiarity with the new diagnostic and procedure code set are as varied as the individual reactions to its upcoming required implementation. Some individuals shudder in fear as the diagnosis codes leap from ~13,000 codes in ICD-9 to ~60,000 in ICD-10 (not to mention the ~76,000 procedure codes that will now be required for use in the Inpatient environment.) Some individuals (certainly most coders and billers) can not sleep at night knowing the learning curve, productivity slowdown, and likely revenue loss that this initiative will certainly yield. Perhaps most disturbing, however, is that many individuals (including providers) believe that ICD-10 will not have an impact on their staff, their work, their finances, or the patient experience.

That, unfortunately, is a scary and fallacious understanding of what is ahead. ICD-10 will impact everyone. To make the point, I offer an example of a basic patient office visit.

Continue reading: ICD-10: Ignorance is Not Bliss – Part 1

I’m a Doctor. I treat Patients. Knowing ICD-10 codes is the Coder’s Job!

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The title of this article seems reasonable and appropriate. Unfortunately, it is patently false!

By now you are probably likely acclimated to (perhaps even enjoying!) the ‘touch once’ method of encounter documentation, in which you dictate, click and/or type through patient visit documentation. Once the patient leaves the office, you are 100% done with the documentation. Although this may not always be possible, this serves as the preferred method to complete your charting.

With the impending changes that ICD-10 will bring, you are all but assured of the requirement to re-touch a large number of your charts if you have not been properly trained in the methodology of ICD-10 billing.

What does this mean? Why is this?

Continue reading: I’m a Doctor. I treat Patients. Knowing ICD-10 codes is the Coder’s Job!

ICD-10 Training Timeline: Are You Already Behind the Curve?

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ICD-10 looms over Healthcare in America ominously. Many studies project that a tremendous number of ambulatory medical practices will have very significant cash flow shortfalls . Many of them actually may declare bankruptcy, because of the draconian changes in the required billing processes on October 1st, 2014.  A number of sources of information, including the Federal government at CMS, as seen at http://www.cms.gov/Medicare/Coding/ICD10/Downloads/ICD10SmallMediumChecklistTimeline.pd encourage immediate action!

Don’t get caught short.  Arm yourself with the  knowledge that will prove vital to your practice.  Just as it took a year to learn anatomy, it will take your office a year to undertake the painful migration to using ICD-10 for all of your billing.  To state the obvious, if you are not using ICD-10 for all medical services on or after October 1st, 2014, you will not be paid!

To state the less obvious, this is not an issue only for your billing department.  You, the physician, will need to either:

Continue reading: ICD-10 Training Timeline: Are You Already Behind the Curve?

ICD-10: The Price of Ignorance

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You’ve just been through the nightmarish attestation process for Meaningful Use Stage I and Stage II.  Perhaps, you have even received the sought after Federal stimulus dollars.  Even worse, you’ve struggled through the transition to become a meaningful user of a certified Electronic Health Record, but you haven’t quite caught up yet.  You purchased the wrong system at first and are migrating from one system to another.  Sadly, this is an extraordinarily frequent problem.

You deserve a break.  Unfortunately, with upcoming compliance initiatives , shifting government policies, and Meaningful Use Stage III right around the corner, this can not be so. Now comes an equally daunting task, and one which puts your entire practice’s finances at even more risk than did the migration to an EHR.

As you probably have heard, you will not be paid for any medical services that are provided on or after October 1st, 2014, unless you bill for them using the ICD-10 code set.

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Using EHRs in the Emergency Room With Higher Billings Does Not Always Indicate Fraud

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Fierce EMR today focused on a study of an analysis created by the New England Journal of Medicine that takes a deeper look in to why some of the medical billing today is growing.  In the news of late we have been reading about the government and others questioning the billing and coding of physicians with using electronic medical records. Continue reading: Using EHRs in the Emergency Room With Higher Billings Does Not Always Indicate Fraud

What Makes Up an EHR Template Relative to Reimbursement; CMS To Begin Reviewing

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Medical record templates have been in and out of the news quite frequently today.  All medical record templates for one are not the created equally.  Which templates are the “so called troublemakers”?  We may see some additional complexities develop here since this seems to be an area where the discussion has lead to capturing bigger dollars when billing. Continue reading: What Makes Up an EHR Template Relative to Reimbursement; CMS To Begin Reviewing

EMR Platforms and 3rd Party Data Solutions Grow Closer -Cerner Selects Scalable Payer Platform

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We certainly have come a long way since the early days of electronic medical records.  When you reflect back to the early days you might remember when e-prescribing and charting were two different types of technology offerings and of course today almost nobody operates an medical record system without e-prescribing being an included module.  Continue reading: EMR Platforms and 3rd Party Data Solutions Grow Closer -Cerner Selects Scalable Payer Platform