HHS made it official: The ICD-10 compliance deadline will be pushed back. The WHO, meanwhile, has said it plans to make ICD-11 available in 2015 -- which creates a potentially strategic intersection for U.S. healthcare companies.
Based on CMS projections combined with an estimated risk rate, the numbers total a sum equal to the loan portfolio write-down by Fannie Mae and Freddie Mac. This top line reimbursement risk could redistribute healthcare wealth enough to trigger bankruptcies, consolidations, mergers, and radical shifts in health IT companies and products.
Shortly after the National Committee on Vital and Health Statistics (NCVHS) recommended that the United States adopt ICD-10, the Medical Group Management Association (MGMA) assembled a session on the code scheme for its annual conference. The last-minute addition was so late, in fact, that the MGMA did not have time to include it on the printed agenda, and the only available time slot was 7 a.m.
Federal agencies have made considerable progress rooting out fraud and abuse of the healthcare system, yet much work remains. Roger Foster looks at how CMS can use big data tools to fight fraud and abuse at all levels.
With his repeated vows to repeal the PPACA, a President Romney might be more cheerleader than funder for health IT, including the meaningful use program, which some experts said could become an attractive target for cuts because there is money promised but not yet paid.
A tidal wave of health data is flooding government agencies. Here are 5 ways to use big data to reduce redundancies and unnecessary expenses while achieving better care outcomes that bolster population health.