UnitedHealthcare, Aetna, BlueCross BlueShield and Human, and various other national commercial health insurers say they are ready for ICD-10’s October 1 implementation deadline
According to a survey by the American Academy of Family Physicians, most of the major health insurance carriers say they ready for the code change.
AAFP survey results said, “It is important that the nation’s largest private payers including UnitedHealthcare, Aetna, BlueCross BlueShield and Humana, are ready for the transition so payments to physicians are not delayed.” [@HealthITplus] Continue reading →
A research released by Medical Group Management Association (MGMA) throws light on the overall readiness of healthcare industry to meet the Oct. 1 ICD-10 deadline, finding it “continues to be slow.” The MGMA research corroborates the findings of another recent survey conducted by QualiTest which showed providers were far from ready for the October deadline.
MGMA wrote, “The greatest concern is the lack of communication and critical coordination between physician practices and their essential trading partners (such as claims clearinghouses, electronic health record (EHR) vendors and practice management system vendors) regarding software updates and testing, which has not yet occurred. Only 4.8% of practices reported that they have made significant progress when rating their overall readiness for ICD-10 implementation.” [@HealthITplus] Continue reading →
According to a study conducted by Aloft Group, an international brand strategy and marketing execution firm, less than half of U.S. healthcare providers are 25 percent or even lesser done on their ICD-10 implementation process.
The survey included over 200 healthcare providers – 75 percent of which were community hospitals. The study also revealed that 35.4 percent of the providers were 25 percent done with the conversion, while 15.3 percent haven’t even started the process yet. A year ago in 2013, 40.8 percent of those surveyed said they were 25 percent done, and 33.8 percent hadn’t gotten started. [@HealthITplus] Continue reading →
There have been a lot of technological innovations and enhancements surrounding the mobile health (mHealth). Mobile health is considered the future of patient-centric care. One of the main factors contributing towards the growth of mobile health is consumerism. Today, consumers are becoming more tech savvy using their mobiles for a variety of stuff, every day. Smartphones and apps for healthcare are changing the way people are living and using apps to participate in healthcare.
The e-patient movement is the next big thing in the healthcare industry. Consumers are using multiple devices such as smartphones, tablets, wearable and connected gadgets such as watches, sensors etc. and are seeking new ways to integrate digital health into their day-to-day activities. Mobile sensors are taking more place within the industry. InMedica predicts that the American telehealth market will grow by 600 percent between 2012 and 2017. This would represent an increase from the current 227,000 telehealth patients to reach up to 1.3m patients in 2017. They think this is mostly related to the reimbursement changes in the US. [@HealthITplus] Continue reading →
Majority of hospitals and providers moving towards transparency in price
2014 is poised to be a great year for the healthcare industry. Not only is the Affordable Care Act getting fleshed out but there are numerous upcoming trends facing the healthcare industry. In 2014, hospitals and care health institutes will witness a shift that is more retail-focused. Price transparency and cost savings will become the biggest focus areas, reveals the latest PwC Health Research Institute’s Top Health Industry Issues for 2014.
Kelly Barnes, PwC’s U.S. health industries leader commented on the release of the report, “While health insurance exchange implementation is driving headlines today–in reality the next 12 months will be marked by how well the industry addresses a range of core business challenges.” Barnes adds, “Businesses must address rapid innovation and competition from non-traditional players, but above all they must respond to empowered consumers as customer-centric transformation sweeps healthcare.” [twitter.com/HealthITplus] Continue reading →
According to an expert panel consisting of senior executives from top healthcare organizations at the mHealth Summit 2013 in Washington D.C., mobile technology may very well be the future of patient-centric care. However, there is a strong need for better evidences to take it to the next level of adoption and implementation.
Cleveland Clinic Chief Medical Information Officer David Levin said, “We imagine things that will actually change people’s behavior, but we’re often wrong. Harping that health IT is not usually designed with the patient in mind. “Good design takes into account human factors and what motivates people and [what integrates] into and IT ecosystem,” he said.
Consumerism is adding to success of mHealth so far and it’s going to significantly change the way people live. mHealth patients won’t accept not getting their health data and not using mobile health apps to keep track of and participate in their own healthcare. [twitter.com/HealthITplus] Continue reading →
An article published in Medical Economics suggests practices to get ready for the transition to the Tenth Revision of International Classification of Diseases (ICD-10). [twitter.com/HealthITplus]
ICD-10 increases the specificity of the report while conducting a diagnoses, thereby helping the physician to pin-point the issues faced by the patient. This has become a mandate and health providers have been instructed to document care properly or they may see a reduction in reimbursements. But there are also few concerns associated with the implementation of ICD-10 such as whether payers will be ready, and some experts are recommending practices secure a line of credit in advance.
One of the key steps in achieving ICD-10 readiness is appointment of a point-person to lead the transition. Next, it is important to contact software vendors to learn about the plans for upgrades, without assuming that vendors will make their systems ICD-10 compliant. Continue reading →
Year end recap of the 20 most Insightful healthcare technology Infographics of 2012 highlighting the growing utilizations of infographics in healthcare.
2012 saw the rise of the healthcare technology industry utilizing infographic data visualizations to display complex information, improve reader retention (adult ADD is real), and increase engagement. As we close the year of 2012, here is a look back at some of the best healthcare technology infographics created this year.
1. Meaningful Use The Stats
Greenway Medical Infographic Provides A Visual Overview Of Meaningful Use EHR Incentive Program Payments, Registration, And Attestations. Continue reading →
FDA Releases Its Regulation Plans On Mobile Health Apps
Mobile health developers have been waiting for more than two years to get some clarity on how and what the US Food and Drug Administration (FDA) plans to regulate regarding mHealth apps. FDA has finally released its final guidelines after more than two years of issuing its draft guidance. Read moreContinue reading →
The current regulatory trends are driving the North American healthcare IT industry to cross USD 34.5 billion in 2014, a new study by Technology Business Research Inc (TBR) suggests. The growth in industry is expected to open up many opportunities for new vendors.
TBR reported that the money will be strewn across industry applications, business applications, productivity applications, business intelligence and analytics, database and technology, and systems management. The report also stated that vendors who are currently holding a good position have high chances of securing their dominance over the market.