Aug 12, 2015 12:39:38 PM
ALOFT GROUP HEALTHCARE GUEST BLOG
We’d like to share, as we sometimes do, a recent blog posted by one of our long-time client partners, healthcare revenue cycle management firm, MediRevv. We’ve collaborated on many blogs and thought leadership pieces dealing with ICD-10 over the last couple of years, many of which focused on the moving-target nature of the CMS deadline. After a recent joint announcement by CMS and the AMA, MediRevv posted this timely blog. We thought we’d share it with you.
Apr 10, 2015 4:17:18 PM
ICD-10. It’s coming right? October 2015 is the final, absolute, “be ready or pay the consequences” deadline, isn’t it? Well, maybe. At this point, (wait, how many deadline extensions is it now?) it’s hard to say anything for sure. What many in the industry have been saying is that, even with the deadline delays we’ve experienced, providers still need to take it seriously and prepare. View the extra time afforded by the delays as a gift to take advantage of and test, test, test with your payors to make sure your systems are up to snuff. And, as one would imagine, providers across America did, indeed, take advantage of yet another delay and burned rubber to get out ahead of compliance. Right
Jan 29, 2015 10:35:57 AM
Revenue cycle management consultancy MediRevv is one of our valued client partners and a regular contributor to our Aloft Group Healthcare Blog. The Iowa-based company’s expertise and insights regarding a host of healthcare issues are a welcome addition to our series, and we’ve invited them to help us kick of the New Year with another entry.
They’ve graciously accepted. We hope you enjoy Testing your ICD-10 resolutions for 2015.
Apr 3, 2014 11:22:58 AM
Okay, so now what are we to think? With the passing of H.R. 4302, a House proposal titled “Protecting Access to Medicare Act of 2014,” the ICD-10 implementation date of October 2014 was officially pushed (as long as the president signs it, which conventional wisdom says he will) to October 2015. Why would a bill created to address a sustainable growth rate fix to Medicare include a hidden provision to extend the ICD-10 deadline? Because of politics, of course, and one has to wonder how many signing the proposal even knew the extension was in it—never mind the havoc it will now wreak on providers and technology vendors across the US.
As HIStalk just pointed out in response to the new proposal, “shifting the deadline will come with a whole new set of issues and expenses.” What, for instance, will vendors have to do to their ICD-10-ready software products, which will now require enhancements to accommodate for the deadline shift, and at what cost? What will ICD-10-ready provider organizations do now to adjust their implementation efforts and what will the increased expense mean to them after they’ve already spent so much money to meet the 2014 deadline? Will those providers who haven’t prepared because they anticipated such government pandemonium (you know who you are) now ever take anything related to ICD-10 deadlines seriously? Should they, or can we be sure this will be the absolute, final, final, final delay?
Mar 11, 2014 4:15:00 PM
You may remember our initial ICD-10 Snapshot Study, which we conducted in February of last year to examine where exactly providers were in their preparation for ICD-10. The results were interesting, revealing then current perceptions and attitudes regarding the coming legislation, and identifying specific areas where outside help was needed. This year’s study was no different; in fact the results are even more interesting now that we can compare them against last year’s.
We’ve all heard of the AMA’s ongoing opposition to the October 2014 deadline for ICD-10 implementation. It might seem surprising that, given all the known intricacies surrounding ICD-10, only 45% of our respondents agree with the organization’s stance of pushing the deadline out. Surprising perhaps, until you consider the possibility that the more than half not supporting the deadline are likely those providers that are further along in their preparation and less in need of outside assistance. While many of these organizations may need help of some kind from vendors, it seems a safe bet, and perhaps an obvious conclusion, that the 45% in opposition are the ones in most need.
Feb 11, 2014 11:26:00 AM
With the approaching ICD-10 implementation date of October 1, 2014, there has been a tremendous amount of information floating around about what this switch means and what healthcare organizations need to do to prepare for it. Unfortunately, when it comes to ICD-10, there are many myths masquerading as truth.
Sep 18, 2013 3:48:00 PM
Last month I was one of the lucky few (or 5,300 to be exact) to attend HubSpot's Inbound 2013 event. The excitement and energy radiated through the halls of the Hynes Convention Center in Boston, where I was surrounded by early adopters of the inbound marketing movement. Each attendee shared a common goal: to find inspiration or fresh ideas; to explore new resources to supercharge our marketing; to network with other bright minds; or some combination of the three.
Sep 10, 2013 11:34:00 AM
Everyone in healthcare is talking about it. Many are scrambling to implement it. Some are struggling to understand it. Others still seem to be avoiding it altogether.