1. January 2014
In This Issue
Revenue Cycle in
ICD-10 With A
Sense of Urgency
The Top 7 ICD-10
Variable vs. High
Fixed Billing Costs
HIS Presented AAOE Webinar: Protecting and
Maximizing your Revenue Cycle in 2014
HIS presented the January AAOE Hot Topic Webinar: Protecting and
Maximizing your Revenue Cycle in 2014 on Thursday, January 23, 2014.
In the webinar, we addressed:
• 2014 Coding and CPT Changes and
• 2014 Orthopaedic Fee schedule
Changes and Updates
• ICD-10 Readiness and Provider
• And more!
Click here to access the webinar slides!
Why Approach ICD-10 With A Sense of Urgency
As the October 1, 2014 deadline approaches, the necessity for immediacy
in preparation for the transition from ICD-9 to ICD-10 is crucial.
The ICD-10 coding impacts
every step along the patient
treatment process from
the initial encounter with
the examining physician
to the billing department
submitting requisitions for
reimbursement of services.
Click here to read more.
350 S. Northwest
Highway Suite 200
Park Ridge, IL 60068
2. The Top 7 ICD-10 Implementation Resources
The ICD-10-CM implementation deadline is
approaching quickly. With the new year arriving soon,
healthcare professionals will have just ten months to
get their systems switched over to the new coding
system before the October 1, 2014 deadline. Ideally
you are already in the process of switching your
medical office over to the new coding protocol.
We’ve compiled seven of the best implementation
resources to assist you in the transition:
Click here to see the entire list.
Variable vs. High Fixed Billing Costs
Many practices and hospitals shy away from
outsourcing their revenue cycle management
because of the variable cost without comparing
it to the fixed cost of their billing department.
While keeping a billing staff means a predictable
cost for claims processing, the fixed cost may
end up being much higher than the variable
cost of a billing agency. There are three major
things to keep in mind when comparing variable
and fixed costs for revenue cycle management.
We share them in this blog post...
Have Questions? We’re happy to help.
Healthcare Information Services (HIS)
350 S. Northwest Highway, Suite 200
Park Ridge, IL 60068
HEALTHCARE INFORMATION SERVICES, L.L.C