In today’s highly competitive market, establishing systems to measure key stakeholder feedback is crucial to increasing volume and nurturing relationships. Well executed survey tools result in business intelligence that can (a) help your practice understand what customers want and expect, (b) assess how your practice is delivering in these areas and (c) help your practice […]
Category: General
Practice Makes Perfect: ICD-10 Delay Allows Time for Clinical Documentation Improvement
In June, the Medical Group Management Association released the results of a questionnaire that ranked members’ most pressing practice-management challenges. In this edition of “Practice Makes Perfect,” we’ll tackle No. 1 on that list: preparing for the transition to ICD-10 diagnostic coding. In DATA, the CMS announced that the new implementation deadline for the International […]
Move to ICD-10 will Hurt Low-Margin Practices, Study Finds
Pediatricians and other low-margin practices could take a significant financial hit during the transition to ICD-10 procedural and diagnostic codes, according to a study in Pediatrics, the journal of the American Academy of Pediatrics. The 68,000-code ICD-10 system is scheduled to replace the 14,000-code ICD-9 system Oct. 1, 2015. Researchers at the University of Illinois […]
Subsidies Cover 76% of Premiums for Plans Purchased on HealthCare.gov
Americans who enrolled in private health plans through the federal exchange in 2014 qualified for tax credits that covered an average of about three quarters of their monthly premium payment, according to data released Tuesday by HHS. The average total monthly premium was $346 for individuals who qualified for federal subsidies, which are available to […]
