In the News
Mar 04, 2015
Infographic: The Complexities and Costs of Medical Necessity
Medical necessity checking is complex. And if done incorrectly, you can find costly denials in your claims. In fact, most hospitals say medical necessity denials are the most costly denial. Learn more about the complexities and costs of medical necessity in this infographic.
Feb 13, 2015
ICD-10 Won’t Significantly Impact MS-DRGs for Two Years
A new study published in the Journal of AHIMA examines the possible effects of ICD-10 on payments. ICD-10 MS-DRGs are basically “a replication” of those currently in use under ICD-9, writes a team of researchers from 3M Health Information Systems, and will have little impact on the Medicare Severity Diagnosis Related Groups used for inpatient reimbursement in the immediate future.
Feb 12, 2015
ICD-10 to Have Minimal Impact on Inpatient Payments Initially
Health Data Management analyzes a recent study published in the Journal of AHIMA, conducted by 3M Health Information Systems employees.
Feb 12, 2015
House Members Mull October ICD-10 Launch at Hearing Congress loses patience with delays.
Rich Averill, director of public policy at 3M Health Information Systems, attended a House subcommittee where members seemed to be leaning toward making sure the current Oct. 1 deadline sticks.
Feb 11, 2015
3M testifies at congressional hearing on ICD-10
Richard Averill, MS, director of public policy for 3M Health Information Systems, testified before the House Energy & Commerce Committee in a Feb. 10 hearing about ICD-10 implementation readiness. "If we are to transition the health care system to one that focuses on value over volume, we need ICD-10. It is simply time to have our diagnosis and procedure coding system reflect modern medicine."
Read his full testimony here.
Read an event recap from the Journal of AHIMA here.
3M HIS is a member of the Coalition for ICD-10. Visit the Coalition's website to learn more about supporting the Oct. 1, 2015 ICD-10 compliance date.
Feb 10, 2015
Survey Reveals ICD-10 Costs for Small Physician Practices Significantly Lower
ICD-10 costs for small physician practices are significantly much lower than expected, according to a new study released today by the Professional Association of Health Care Office Management (PAHCOM). The survey of 276 physician practices of fewer than six providers revealed that total ICD-10 transition costs for an entire practice averaged $8,167.
Feb 09, 2015
Case study: Kettering Health Network
When Kettering Health Network set out to re-engineer its outpatient revenue cycle, the organization knew it had to address an increasing rate of denials and find a way to capture revenue tied up in bill holds or write-offs. In this case study, Debbie Shrubb, corporate HIM director, describes how process change and innovative 3M technology led to a clean claim rate of 96 percent (20 percent higher than the national average for a high-performing hospital).
Feb 04, 2015
Healthcare leaders talk candidly about achieving better population health
You’ve heard of population health, but what action is the industry taking to achieve better population health outcomes? At a 3M seminar, leaders from health plans, hospitals, government and non-profit organizations shared how they’re using patient-centered models of care, unique partnerships and the right metrics to impact population health outcomes.
Jan 19, 2015
Video: Physicians and CDI
Dr. Tom Kravis, MD, physician executive at 3M Health Information Systems, says: “As a physician, I know how busy a physician’s day can be. Between seeing my patients, hospital rounds, documenting each encounter, reading dozens of charts and test reports, team meetings, and unplanned emergencies, they must also respond ASAP to queries from CDI specialists asking for even more information about their patients.”
Jan 15, 2015
Rise of the Scribe
In the EHR era, these documentation darlings are lending physicians a helping hand. But at what cost?
Will the growing use of medical scribes decrease the need for medical transcriptionists? As documentation demands increase for physicians, and organizations enlist scribes to offset the additional workload, Jill Devrick, MPA, 3M product solutions advisor, explores the evolving role of MTs in promoting complete and accurate EHR documentation.
Jan 14, 2015
Congress Declines to Extend ICD-10 Transition Deadline...For Now
The National Law Review examines the controversy over the October 1, 2015 ICD-10 deadline. A major component to for delay advocates has been the cost to physicians. For example, an AMA study states costs will range from $22,000 to as much as $106,000. In contrast, a November 2014 article in the Journal of AHIMA disputes this estimate and calculates the transition cost at roughly $2,000 to $5,900 for small practices.
Jan 01, 2015
Podcast: Healthcare Payment Reform and Outcomes Measurement
In an information-packed interview with Kip Piper of the Piper Report, Dr. Norbert Goldfield, medical director for 3M Health Information Systems, discusses advances in linking healthcare payment to patient outcomes. Replacing traditional fee-for-service reimbursement with outcomes-based payment models depends on data-driven systems that align clinical and financial performance.