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ICD-10 – Top Docs Radio

September 10, 2015 by angishields

ICD-10
Top Docs Radio
ICD-10 - Top Docs Radio
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ICD-10
CW Hall and Dr. James Dunnick

ICD-10

This week I continued my monthly series featuring experts from Medical Association of Georgia.  Our conversation focused on the upcoming implementation of ICD-10 codes, which will significantly change how we document and are reimbursed for care provided to our patients.

I sat down with Dr. James Dunnick, a former practicing cardiologist of over 25 years who began to enhance his level of understanding of coding, compliance, and quality review later in his career.  He now provides consulting services to healthcare practices and hospitals on these important components of their businesses.

Within the healthcare industry, providers, coders, IT professionals, insurance carriers, government agencies, and others use ICD codes to properly note diseases on health records, track epidemiological trends and assist in medical reimbursement decisions.

The World Health Organization (WHO) owns, develops, and publishes ICD codes, and national governments and other regulating bodies adopt the system.

The differences between ICD-9 and ICD-10 are significant and physicians and practice management staff need to start educating themselves now about this major change so that they will be able to meet the ICD-10 compliance deadline of October 1 – in less than one month.

ICD-10-CM codes are the ones designated for use in documenting diagnoses. They are 3-7 characters in length and total 68,000, while ICD-9-CM diagnosis codes are 3-5 digits in length and number over 14,000. The ICD-10-PCS are the procedure codes and they are alphanumeric, 7 characters in length, and total approximately 87,000, while ICD-9-CM procedure codes are only 3-4 numbers in length and total approximately 4,000 codes. ICD-10-PCS is only used for coding hospital inpatient procedures. CPT remains the code set for reporting procedures and services in offices and outpatient settings.

Moving to ICD-10 is expected to impact all physicians. Due to the increased number of codes, the change in the number of characters per code, and increased code specificity, this transition will require significant planning, training, software/system upgrades/replacements, as well as other necessary investments.

WHO is expected to release ICD-11 in 2017.

Special Guest:

Dr. James Kennedy, MD, of

Within the healthcare industry, providers, coders, IT professionals, insurance carriers, government agencies, and others use ICD codes to properly note diseases on health records, track epidemiological trends and assist in medical reimbursement decisions.

The World Health Organization (WHO) owns, develops, and publishes ICD codes, and national governments and other regulating bodies adopt the system.

The differences between ICD-9 and ICD-10 are significant and physicians and practice management staff need to start educating themselves now about this major change so that they will be able to meet the ICD-10 compliance deadline of October 1 – in less than one month.

ICD-10-CM codes are the ones designated for use in documenting diagnoses. They are 3-7 characters in length and total 68,000, while ICD-9-CM diagnosis codes are 3-5 digits in length and number over 14,000. The ICD-10-PCS are the procedure codes and they are alphanumeric, 7 characters in length, and total approximately 87,000, while ICD-9-CM procedure codes are only 3-4 numbers in length and total approximately 4,000 codes. ICD-10-PCS is only used for coding hospital inpatient procedures. CPT remains the code set for reporting procedures and services in offices and outpatient settings.

Moving to ICD-10 is expected to impact all physicians. Due to the increased number of codes, the change in the number of characters per code, and increased code specificity, this transition will require significant planning, training, software/system upgrades/replacements, as well as other necessary investments.

WHO is expected to release ICD-11 in 2017.

Special Guest:

Dr. James Dunnick, MD, of SESEDN, LLC and The Dunnick Group, LLC

Dr. James Dunnick

  • Board Certified Cardiologist with 25 years of clinical practice
  • Certified Professional Coder (CPC) through the American Academy of Professional Coders (AAPC)
  • Certified in Quality and Utilization (CHCQM) by the American Board of Quality Assurance, Utilization Review Physicians (ABQAURP)
  • Certified in Compliance (CMDP) by the American Institute of Healthcare

Tagged With: CW Hall, Dr. James Dunnick, Health Care Radio, ICD-10, Medical Association of Georgia, medical coding, The Dunnick Group

Greenway Health

June 16, 2015 by angishields

Health Connect South
Health Connect South
Greenway Health
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Greenway Health
Mark Janiszewski of Greenway Health and Diana Keough of ShareWIK

Greenway Health

A couple of topics that have come up repeatedly over the course of weeks since we started the Health Connect South Radio show:  Population Health and Interoperability.  On this week’s show we sat down with health IT expert, Mark Janiszewski, EVP of Product Management for Greenway Health.

Mark shared how the company has recently introduced new solutions that are aimed at facilitating better population health management initiatives.  Recent changes in the law are placing greater requirements for focus on preventive health and patient outcomes over the older disease-focused models that reimbursed on a fee-for-service basis.

Greenway’s platform gives providers access to data that empowers them to close gaps in care delivery and better manage a population’s high-cost problems such as diabetes, heart disease, and other chronic illnesses.  Additionally, the company is providing a portal called, Greenway Exchange, that gives patients ability to see their health data, schedule appointments, and even interact with their care providers.

We talked about how the company helps their clients prepare for the coming implementation of ICD-10 coding requirements that are currently set to go into effect in October 2015.  The new coding format will add a much greater degree of detail in documenting patient problems and treatments.

The goal of the ICD-10 changes is to facilitate research, improve outcomes through better case management, decrease medical errors, enhance public health, educate patients on costs/outcomes, and more.

Mark shared some of the challenges that health organizations face in meeting the expectations for the ICD-10 documentation.  The company is helping to prepare their clients for the upcoming changes in coding.

“Greenway Health has always worked to empower our customers so they can deliver high-quality care while being financially sound,” said Tee Green, CEO of Greenway Health. “Never has that been more important given the rise of pay-for-performance, healthcare consumerism and a population with an increasing number of chronic conditions that requires coordination between multiple caregivers. Greenway Community enables providers to gain actionable insight into clinical and financial performance at all levels of the care continuum like never before.”

Greenway Health has been providing health IT solutions since 1977.  Over time, the company has grown significantly, both organically and through merger.  As an enterprise, the company delivers clinical, financial, and administrative information tools providers need to practice medicine the way they want to practice.

Greenway helps providers stay ahead of the complex regulatory requirements, maximize revenue and, most importantly, focus on their patients rather than on technology.  The company accomplishes this through intuitive user interfaces, interoperability leadership to exchange clinical data and facilitate connected care, and a grass-roots service culture.

Special Guest:

Mark Janiszewski, EVP, Product Management, Greenway Health  linkedin_small1  twitter_logo_small  facebook_logo_small3

Greenway Health

  • Bachelor of Commerce, Concordia
  • UniversityGraduate Diploma, Public Accountancy, McGill University
  • Previous Director, Account Marketing, Nortel Networks
  • Former VP, Product Management, Revenue Cycle Solutions

sharewik logo Crop

 

Tagged With: CW Hall, Diana Keough, EHR, electronic health record, electronic medical record, EMR, greenway community manager, greenway exchange, Greenway Health, greenway marketplace, Health Connect South, Health Information Technology, Healthcare, ICD-10, Intergy, interoperability, Mark Janiszewski, pay-for-performance, Population Health Management, revenue cycle management, ShareWIK Media Group

Year End Planning for Medical Practices

October 31, 2013 by angishields

The Doctors Roundtable
The Doctors Roundtable
Year End Planning for Medical Practices
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The healthcare environment changes daily and physicians often struggle to keep up with regulatory changes, competition and reimbursement changes. There are many challenges looming: Obamacare, ICD-10 and Meaningful Use. Providers must spend time working on their practices as well as in their Atlanta Business Radio practices to thrive and not just survive. However, practices do not have to stay in a reactive mode. Taking time to plan can put a practice in a proactive mode to be able to anticipate and appropriate respond to opportunities, changes and challenges.

Quarter 4 is the perfect time to take action to minimize tax burden, maximize retirement plans, reconcile inventory, create the coming year’s budget and evaluate the coming year’s capital needs. Taking inventory, updating depreciation schedules, retirement planning, fee schedule analysis, A/R cleanup, tax planning, productivity and compensation evaluation are just some of the year end financial activities that can really make a difference in achieving solid financial performance.

Planning for retention of market share and growth is key to future practice viability yet how many practices have a formal, annual marketing plan. Marketing is often viewed as an expense vs. an investment yet new patients are a critical piece of revenue generation for every practice. The same marketing plans often do not yield different results and how providers reach, communicate with and message to current and potential patients is changing. Year end is a great time to acknowledge referral sources and examine the ROI of existing marketing efforts, brand cohesiveness, content relevancy and process, social media effectiveness and to make adjustments as needed. In a recent poll, 51% of patients said that digital communications would make them feel more valued as a patient and 41% said social media would affect their choice of healthcare providers. Is your practice keeping up with the interactive“new word of mouth” ?

An overall strategic plan can be the differentiating for success. Yet, many providers either don’t know how or feel they don’t need it. Yet, evaluation of Key Performance Indicators (KPI’s) to show the current standing of a practice, a SWOT analysis, a competitive overview and then making and implementing a strategic plan will help all businesses be positioned to recognize and capitalize on growth opportunities, assist in overcoming challenges and help protect market share for any business. Why should the business of medical practices be different?

In this segment of The Doctor’s Roundtable, three industry subject matter experts will weigh in on tips, strategies and considerations for year end planning for 2014 for medical practice success. Join Sharon Allred of LW Consulting ( a healthcare strategic planning expert), Beth McCauley of McCauley Marketing and Mark Estroff, CPA and medical practice tax expert as they share their best advice for positioning your practice for success in 2014. Listeners can visit: www.lw-consulting.com , www.mccauleyadvertising.com and www.pyagatesmoore.com for more information.

 

Mark Estroff

  • CPA, PYA GatesMoore

Beth McCauley

  • Founder, McCauley Marketing Services

Sharon Allred

  • Principal, LW Consulting

estroff-mccauley-allred_header

Tagged With: consumers, distribution channels, double taxation, E/M Coding, Electric health record cloning, elevator speech, fixed asset acquisition, Georgia film credits, Georgia Retraining Tax Credit, high deductible plans, ICD-10, Key Performance Indicators, KPI’s, Legal entity choice, Meaningful Use, medical, OIG workplan, payer contracts, Payer negotiations, physician compensation, Retirement plan contribution, retirement planning, revenue cycle management, strategic planning survey, Surtax and ACA, tax planning, Time of service collecttion

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