Without a plan to implement ICD-10, you are at risk for lower revenue and higher costs. This article provides a framework to plan your transition to ICD-10 and discusses specific steps to mitigate the impact.
The recent frenzy of physician practice acquisitions has created a sense of urgency for hospitals and health systems to complete these transactions quickly in order to remain competitive. This article discusses six elements necessary for a professional fee billing operation to be successful.
October 1, 2014, marks the compliance date for ICD-10. Based on a recent study by the MGMA, less than 5% of practices reported making significant headway when rating their overall readiness for ICD-10. This gap poses significant risk, considering that ICD-10 can affect both short- and long-term cash flow and overhead costs if not mitigated appropriately.
|This article explores the models, tools, and expertise necessary to achieve a professional fee revenue cycle that is scalable, improves financial performance, and supports the organization’s mission, vision, and strategic initiatives.|
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