Healthcare Finance Staff
A new brief by the Commonwealth Fund using insurance company MLR data from 2010 shows that health insurance consumers would have received $2 billion in rebates if the new medical loss ratio (MLR) rules contained in the Affordable Care Act had been in effect that year.
The Workgroup for Electronic Data Interchange (WEDI), which bills itself as the leading authority on the use of health IT to improve the exchange of healthcare information, today announced its collaboration with other industry and government entities to support the industry's upgrade to ASC X12 5010.
The American Health Information Management Association has issued a strong recommendation for healthcare providers to adopt ICD-10 as quickly as possible. This comes as the U.S. Department of Health and Human Services (HHS) contemplates delaying the deadline for one year, until Oct. 1, 2014.
Aiming to advance its suite of documentation and coding technologies, 3M has acquired Bethesda, Md.-based CodeRyte, which develops clinical natural language processing and computer-assisted coding tools.
In its first full year of contracting with Teladoc for telehealth services, Rent-A-Center reported savings of more than $700,000 in healthcare expenses and lost productivity.
The newly-proposed ICD-10 compliance deadline of October 1, 2014 won't please every healthcare organization. What it does accomplish, though, is to give them a bit of leeway in their project planning.
Kathy Love
Chief Executive Officer
Clark Regional Medical Center
Winchester, KY
The loose contingent of health professionals railing against the ICD-10 delay will likely consider this welcome news: There is a document circulating the web right now -- with a stamp at the top suggesting it will be published in the Federal Register on April 17, 2012 -- in which HHS proposes that the new compliance date for ICD-10 be October 1, 2014.
Despite the recent economic downturn, jobs in healthcare grew while jobs in other sectors declined, according to a new report by the nonprofit Center for Health Workforce Studies at the University at Albany School of Public Health.
Chartered Health Plan, the oldest Medicaid managed care organization in the District of Columbia, is launching a new text messaging program for 50 of its members to help them better manage diabetes, which requires regular care to avoid costly complications.