Providers, Payers and CMS Gear Up for ICD-10 Implementation, but Will They Be Prepared for Launch by October 1, 2014?

Dec 20, 2013 | Coding, Billing, and Collections, Compliance, Legal, and Malpractice, Laboratory News, Laboratory Operations, Laboratory Pathology, Management & Operations

Pathologists and medical laboratory managers have only nine months to prepare their labs for ICD-10 implementation Most clinical laboratory managers and pathologists know that October 1, 2014, is the date for implementation of ICD-10. After that date, each Medicare claim submitted by a medical laboratory must include the ICD-10 code provided by the referring physician. This is a unique reason why clinical laboratories and pathology groups have keen interest in a smooth transition from ICD-9 to...

University of Michigan Study Predicts that Majority of Physician Practices Will Lose Money on their EHR Systems

Jul 3, 2013 | Coding, Billing, and Collections, Compliance, Legal, and Malpractice, Digital Pathology, Laboratory Hiring & Human Resources, Laboratory Management and Operations, Laboratory News, Laboratory Operations, Laboratory Pathology, Managed Care Contracts & Payer Reimbursement, Management & Operations, Uncategorized

Research study shows opportunity for clinical laboratories to help client physicians get more value from their electronic health record systems For the majority of physicians in the United States, implementation of an electronic health record (EHRs) system in their practice may turn out to be a money-losing proposition. That is one prediction made by researchers at the University of Michigan (UM), based on a study they conducted. Among other things, these findings indicate that progressive...
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