D'Arcy Gue

HIT Return On Investment, ICD-10 and More…

May 10, 2013

Healthcare Industry, Healthcare IT 2 Minute Read

The world of health IT is fast moving and keeping up with news and changes in the industry is a full-time job. We realize that professionals in HIT are already stretched thin, so we wanted to help. Starting this week, we’re going to collect and publish a weekly, curated list of our favorite news articles and blog posts to keep our readers ‘in the know’ on the important topics regarding privacy and security, Meaningful Use / MIPS, ICD-10, HIT return on investment, and general IT operations nuts and bolts topics.

We’ll start with one of our favorite articles this week that discusses Health IT return on investment. What Is the Opposite of Health IT Return On Investment? lays out a common scenario in which a medical center implements a new EHR and begins to see financial losses. Unfortunately, this is a frequent occurrence in hospitals. The situation described in the article emphasizes the need for hospitals to plan for the impact of implementing new systems and the importance that a strategy to manage the EHR implementation be determined prior to the implementation, in order to limit losses.

With the looming ICD-10 deadline, facilities are working to get a handle on the requirements for implementation. Luckily, ADP AdvancedMD, just released a new website that lays out the transition timeline to ICD-10. Resources are constantly being added. We suggest taking a look to find out where your organization’s efforts fall on the timeline.

This week CMS released data illustrating the differences in what hospitals in the U.S. are charging for the same services. The data released also demonstrate the varying amounts Medicare pays for the same services. HHS is encouraging more states to release the details of their hospital charges and recently announced $87 million in grants that states can apply to receive, in order to increase the public release of provider charges and insurance rate information.

With this week being National Nurses week, we couldn’t forget to recognize nurses and the incredible work they do for patients. HealthIT Buzz put together a great series, featuring posts by a different nurse each day. Each nurse shared their own story about their journey towards providing better care through HER adoption and Meaningful Use / MIPS.

Lastly, we came across this great infographic that details the differences between traditional paper records and electronic health records and what their benefits / drawbacks are. Enjoy!

ehr implementation

Source: www.hitconsultant.net


What other news or blog posts did you read this week that interested you?



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