By Nancy Hirschl, BS, CCS, AHIMA-Approved ICD-10 Trainer Vice President of HIM Services, Streamline Health, Inc. The way code auditing is performed at hospitals and other health care facilities is in need of a change. In many cases, major providers still use spreadsheets to manually track audit data. This antiquated method is time consuming, inefficient, susceptible to human error [...]
As hospitals increase their focus on reducing costs and increasing margins, resource/capacity utilization in the OR is an obvious opportunity to create efficiencies and optimize revenues.
Securing your hard-earned revenue is crucial to the overall financial health of your healthcare organization, and when it comes to audit management, prevention is the key to long term health.
For a glimpse into the future of clinical analytics, consider the approach that public health researchers have been using for years.
It’s not often that you sense a sea change in a large industry through a single event, but a few weeks ago, I experienced exactly that with regard to healthcare. I was just picking up eardrops at my local pharmacy. My ear hurt from an infection. It had been an issue for five weeks, starting with hearing loss and wax impaction. I was ready for medication. Then my pharmacist said, “That will be $177.00”. My face dropped. It was the shock of an HDHP newbie and it was the moment I realized how profoundly healthcare is changing.
In caring for patients, collaboration between providers is key to successful outcomes. However, since hospitals and other healthcare providers frequently use multiple, disparate systems, exchanging information and even communicating basic data can often be quite challenging. And when trying to coordinate resources for appointments and medical events, these differences can present insurmountable obstacles that frustrate patients, providers and office staff alike.
As providers begin to see the effects of ICD-10, it becomes more important than ever to review your Clinical Documentation Improvement (CDI) program. The increased specificity that ICD-10 demands, along with the productivity concerns, provides the impetus to not only improve your documentation, but also all your processes around CDI. Succeeding now means we need to work smarter, and that reinforces the need for a multi-faceted approach to maximize our CDI results. Whether you have a well-established CDI program, are just getting started or somewhere in between, here are five areas to review to ensure you’re getting the most out of your CDI efforts.