Today Medisoft announced the release of version 17. The release of Medisoft Version 17 is about 2 weeks ahead of the scheduled release date of 12/17/10.
This version of Medisoft® will help you prepare for the new realities of healthcare finance with Medisoft® v17 the ANSI 5010-compliant practice management solution from McKesson. With a host of
new features and enhancements, Medisoft v17 increases the effi ciency of scheduling and billing, and improves the quality of reporting and revenue management. With the challenges of implementing healthcare changes, it pays to adopt early and allow time for testing prior to the January 2012 ANSI 5010 transition. Start the process now and reduce the risk of rejected claims and decreased cash fl ow as ANSI 5010 is adopted.
For complete details goto http://www.sunrize.com/.
Showing posts with label icd-10 changes. Show all posts
Showing posts with label icd-10 changes. Show all posts
Monday, December 6, 2010
Wednesday, November 24, 2010
10 Steps to Get Ready for ICD-10 Changes
10 Steps for Providers to Get Ready for ICD-10
These 10 steps will help your organization get ready for the transition to the ICD-10 code sets.
1. Establish governance and responsibility: Identify a project manager and set up a multidisciplinary team and governance steering committee. Communicate the financial ramifications of not being ready to gain buy-in and funding from the executive team.
2. Launch your ICD-10 compliance initiative: Hold your kick-off meeting and communicate timelines and impacts of the change to all staff. Ensure coders, physicians and other billing staff understands the impact of reimbursement and days in accounts receivable for claims that are not properly coded or substantiated.
3. Conduct a readiness assessment: Assess the impact to policies and procedures, payor contracts, training needs, staff augmentation or outstanding and determined software vendor readiness.
4. Create an integrated project plan detailing essential components for success: Include a communications plan, department training and a software roadmap.
5. Identify clinical documentation required for coding: Reinforce the requirements in your organization’s policies and procedures.
6. Schedule and implement updated IT solutions: Ensure your implementation schedule provides time to perform any system upgrades, test releases and install updates. Determine when and how long you need duel coding systems.
7. Train coders on new code sets: Review coder experience. The new code set will require increased familiarity with medical procedures, anatomy and pharmacology.
8. Train physicians on new documentation requirements: Educate physicians on area that require increased clinical documentation.
9. Perform service line assessments and potential impact to cash flow: review coding that supports your key service lines and most commonly assigned and highly reimbursed DRG’s.
10. Use enterprise intelligence analytical tools and reporting to monitor compliance and financial performance: Check first-time submission claims success rate, reimbursement turnaround time, days in AR, source of claim edits, source of denials and staff compliance/productivity.
These 10 steps will help your organization get ready for the transition to the ICD-10 code sets.
1. Establish governance and responsibility: Identify a project manager and set up a multidisciplinary team and governance steering committee. Communicate the financial ramifications of not being ready to gain buy-in and funding from the executive team.
2. Launch your ICD-10 compliance initiative: Hold your kick-off meeting and communicate timelines and impacts of the change to all staff. Ensure coders, physicians and other billing staff understands the impact of reimbursement and days in accounts receivable for claims that are not properly coded or substantiated.
3. Conduct a readiness assessment: Assess the impact to policies and procedures, payor contracts, training needs, staff augmentation or outstanding and determined software vendor readiness.
4. Create an integrated project plan detailing essential components for success: Include a communications plan, department training and a software roadmap.
5. Identify clinical documentation required for coding: Reinforce the requirements in your organization’s policies and procedures.
6. Schedule and implement updated IT solutions: Ensure your implementation schedule provides time to perform any system upgrades, test releases and install updates. Determine when and how long you need duel coding systems.
7. Train coders on new code sets: Review coder experience. The new code set will require increased familiarity with medical procedures, anatomy and pharmacology.
8. Train physicians on new documentation requirements: Educate physicians on area that require increased clinical documentation.
9. Perform service line assessments and potential impact to cash flow: review coding that supports your key service lines and most commonly assigned and highly reimbursed DRG’s.
10. Use enterprise intelligence analytical tools and reporting to monitor compliance and financial performance: Check first-time submission claims success rate, reimbursement turnaround time, days in AR, source of claim edits, source of denials and staff compliance/productivity.
START NOW!!! While the date comply may seem far in the future, don’t underestimate the
amount and complexity of change that will be required.
Let SUNRISE SERVICES LLC help you get ready. Call us today 1-888-880-0384
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