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Posts Tagged ‘ICD-10’

HIMSS 2014 Keynote – Marilyn Tavenner Speaks about ICD-10, Meaningful Use, Healthcare.gov and Quality in Healthcare

Thursday, February 27th, 2014

Marilyn Tavenner, Administrator of the Centers for Medicare and Medicaid Services spoke at HIMSS 2014 in Orlando Florida about interoperability, and “reduced spending in healthcare,”  she said.  ”We want to continue to reward programs that provide value and quality. Linking quality data, reporting, and cost of care to outcomes, patient quality for all care settings and tie that to payments.”  She also spoke about ICD-10, Meaningful Use Stage 2, Healthcare.gov, interoperability and details about several quality and privacy initiatives.

Ms. Tavenner then commented on important 2014 programs

    • Physician Payments Sunshine Act Payment transparency program requires reporting of any transfer of value between covered drugs, devices, biologicals, and medical supplies and physicians is in the early stages in file exchange, operational in fall 2014. Requires
    • ICD-10 deadline – “…no more delays, system going live October 1, 2014.”  There will be no change in the deadline.  International Classification of Diseases (ICD-10) is required for all HIPAA Covered Entities.
    • ICD-10 testing, four prong approachHealthcare.gov – “substantial progress has been made” and we will continue to make improvements to the site to improve usability and reliability for Americans who want to purchase insurance via the federal web site.
      • Internal testing
      • March beta testing and Medicare testing week
      • Tools for providers to test
      • July testing – volunteers will be accepted starting in March, totaling 500 total
      • Stage 2 Meaningful Use of Electronic Health Records – “we have to have the ability to exchange data among systems and patients so interoperability is key.”   Now is not the time to stop moving forward.  There will be flexibility in receiving hardship exemptions.  ”However we expect providers to comply with Stage 2 MU.”  Meaningful Use is specified under Title IV, Division B of the HITECH Act specifying Meaningful Use of Electronic Health Records in 2009.
      • Accountable Care Organization (ACO) providers will benefit from data interoperability in these initiatives including uniform transactions.
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ICD-10 Investor Roundtable at HIMSS 2014 Monday February 24th 1pm

Sunday, February 23rd, 2014

Michael Arrigo, Managing Partner at No World Borders will be facilitating an investor roundtable focused on ICD-10 at the 2014 Health Information and Management Systems Society (HIMSS) conference in Orlando Florida

Fill this form directly on our blog to inquire:

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The some of the topics the round table will focus on include:

• Myths about ICD-10 and physician resistance, as well as opportunities to improve clinical documentation. How these issues introduce financial opportunities and challenges.
• Impact of ICD-10 on healthcare and healthcare IT investments strategies.
• Impact of ICD-10 by market sector including healthcare medical service providers, pharmaceutical, durable medical equipment (DME), pain management, health plans, self-insured employers
• Impact of ICD-10 on health care IT firms, in particular Medicare claims processing, electronic health records, health insurance exchanges (HIX), health information exchanges
• ICD-10 Impact by medical specialty including orthopedics, cardiology, home health care, behavioral health, oncology and other specialties.
• ICD-10 and liquidity in healthcare provider market
• Potential impact of ICD-10 on certain securities
• Securitization of reimbursement risk related to ICD-10
• What is working and not working in the ICD-10 transition – health care analytics, coding, and other strategies

Who should attend?

• Private Equity firms
• Venture capital firms
• Public company investors
• Securities analysts
• Legal and regulatory compliance professionals
• Revenue cycle management executives in health care providers
• Regulatory compliance management in plans, providers, and IT firms
• Chief Financial Officers in managed care and provider firms
• Medical directors responsible for utilization management and medical policy

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