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HIS Ortho Newsletter - January 2014
HIS Ortho Newsletter - January 2014
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HIS Ortho Newsletter - January 2014

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  • 1. January 2014 In This Issue 1.1 HIS Presented AAOE Webinar: Protecting and Maximizing your Revenue Cycle in 2014 1.2 Why Approach ICD-10 With A Sense of Urgency 2.3 The Top 7 ICD-10 Implementation Resources 2.4 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 Updates • 2014 Orthopaedic Fee schedule Changes and Updates • ICD-10 Readiness and Provider Documentation • 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. (855) RING-HIS 350 S. Northwest Highway Suite 200 Park Ridge, IL 60068 www.healthinfoservice.com
  • 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... Read More. Have Questions? We’re happy to help. Healthcare Information Services (HIS) (855) RING-HIS 350 S. Northwest Highway, Suite 200 Park Ridge, IL 60068 www.healthinfoservice.com HEALTHCARE INFORMATION SERVICES, L.L.C www.healthinfoservice.com

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