ICD 10: Improving patient care and enhancing ROI The transition from ICD 9 to ICD 10 codes is the core of the health reforms and marks an era where Health Information Technology is at its zenith in the United States. The conversion from Health Insurance Portability and Accountability Act (HIPAA) Accredited Standards Committee (ASC) X12 […]
HIPAA 5010: Implementation, Deadlines, and Advantages The Health Insurance Portability and Accountability Act (HIPAA) 5010 is the newest version of HIPAA 4010 which will be replaced by 5010 on January 1, 2012. However, there are many hospitals, clinics, and health care providers who have not changed to the latest version and would face problems when […]
There is an acute shortage of medical billers and coders along with other clinical staff for physicians in the United States and the health reforms are making it even more difficult for providers to recruit experienced and well trained staff. The recent health reforms bring with them numerous changes in the way in which reimbursement […]
There seems to be no respite for physicians, who are already reeling under immense pressure from radical healthcare reforms introduced by the Federal Government. Faced with prospect of unsafe retirement life in the face of continuously receding economy, physicians – who earlier had planned retirement in 5-6 years – are actively reconsidering such plans. The […]
Gone are the days when radiologists and cardiologist were amongst the most in demand specialties in healthcare; family practice and general internal medicine physicians have taken over as the two top sought after specialties. According to a survey, need is driving the demand for primary care physicians; listed below are the major reasons for this […]
A new program to aid and improve patient care while patients are in the hospital and after they are discharged has been announced by the U.S. department of Health and Human Services (HHS). These initiatives will also motivate doctors, nurses and specialist to perform coordinated care and hence reduce cost. Till date, hospitals, physicians, and […]
2010 has seen an increase in physicians’ compensation across specialties, even as most medical groups have been operating at significant financial losses; in fact, the specialties have seen increases of 2.6% for Primary Care, 3.8% for surgical specialties, and 2.4% for other medical specialties. According to an AGMA survey of 49,700 US healthcare providers, group […]
As if the imminent repercussions of the Debt ceiling and Sustainable Growth Rate Problem are not enough, physicians across the United States are in for an additional dose of disciplining by the Federal Health body, in terms of penalties – both civil as well as criminal penalties – for either negligent or willful defiance of […]
As we stand at the mid of the intervening period, there is growing apprehension over achieving comprehensive realization of ICD-10 and other Compliance standard implementation by the October 1, 2013 deadline across the spectrum of healthcare stake-holding: health care providers, payers, software vendors, and clearinghouses/third-party billers. Browse All: ICD-10 Transition The CMS has drawn up […]
Baby boomers are usually believed to be people born during the post-World War II birth rate boom, lasting from 1946 through 1964. According to a survey conducted by the CDC (Center for disease control), many elderly people started flooding doctors’ offices even ten years ago in 2001. Now since the latest health care reforms would […]
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