A report from KLAS found healthcare providers' health information management plans might be challenged by ICD-10 and other regulatory requirements, according to Healthcare Finance News.
One of the biggest challenges will be decreasing revenue from government payors, according to the report titled “HIM Services 2012: Helping to Weather the Storm.”
Providers will also need to train staff members in the new regulations and procedures for ICD-10, meaningful use and more while retaining high-quality employees. To address these issues, many providers are looking to outsource HIM needs and use computer-assisted coding for ICD-10.
More Articles on Coding, Billing and Collections:
Athenahealth Acquires Epocrates Mobile Provider
AMA, Medial Groups Call for CMS to Stop ICD-10 Mandate
Growth of ASCs Could Save Taxpayers Hundreds of Millions in Medicare Dollars by 2017
One of the biggest challenges will be decreasing revenue from government payors, according to the report titled “HIM Services 2012: Helping to Weather the Storm.”
Providers will also need to train staff members in the new regulations and procedures for ICD-10, meaningful use and more while retaining high-quality employees. To address these issues, many providers are looking to outsource HIM needs and use computer-assisted coding for ICD-10.
More Articles on Coding, Billing and Collections:
Athenahealth Acquires Epocrates Mobile Provider
AMA, Medial Groups Call for CMS to Stop ICD-10 Mandate
Growth of ASCs Could Save Taxpayers Hundreds of Millions in Medicare Dollars by 2017