3M to Acquire Treo Solutions
|3M has entered into an agreement to acquire Treo Solutions, a leading provider of data analytics and business intelligence to healthcare payers and providers.
The acquisition marks another significant step in our efforts to deliver 3M coding and analytics solutions that enable our clients to deliver healthier outcomes at lower costs to patients worldwide.
Read the full press release here.
Increase Revenue Today by Learning from Big Data
If the APR DRG reimbursement methodology is not relevant to your reimbursement today, it likely will be very soon, writes Katie Christensen in IBM's Healthcare blog. Christensen goes on to discuss the benefits of using APR DRG methodology for reimburesment.
Treo deal positions 3M for ICD-10 switch
Modern Healthcare covers the 3M agreement to acquire Treo Solutions, a leading provider of data analytics and business intelligence to healthcare payers and providers. The article details how the deal better positions 3M for the advent of ICD-10 and other technology changes sweeping over healthcare.
When squirrels attack! There’s a medical code for that.
The Washington Post's Sarah Kliff reports on the switch to ICD-10, the coding system that will help determine how money spent on medical care is divvied up among hospitals and doctors. In an interview with Kliff, 3M’s Richard Averill explains why the move to ICD-10 is necessary. The increased precision, Averill mentions, is one of the key advantages. Kliff’s article provides a thorough and thoughtful explanation of the ICD-10 debate, noting the benefits the updated coding system brings to clinical research and billing.
When Dictators Fail
Finding errors in clinician dictation is not uncommon. As technology evolves, it is becoming increasingly important for health care documentation specialists to reduce the factors that enhance the potential for errors. In an interview with For The Record, 3M’s Jill Devrick and Janice Jones provide tips for ensuring the most complete and accurate documentation.
Making the Transition to Outcome-Based Quality Payments
Don't miss 3M's Norbert Goldfield, MD and his webinar covering the transition to outcomes-based quality payments hosted by HFMA. This webinar helps anticipate how outcomes will be measured and reimbursed within outcome-based quality models, especially for accountable care or shared-risk agreements.