Bellevue, WA (PRWEB) October 17, 2011
The transition from ICD-9 to ICD-10 represents one of the most wide-ranging impacts to a healthcare provider’s business. Given the dramatic increase in codes from roughly 18,000 to more than 145,000, processes for scheduling, care delivery, diagnostics, billing, and analytics will likely change in some way. As the October 2013 compliance deadline rapidly approaches, it is vital that providers consider both the business impacts and technology requirements to ease their ICD-10 transition.
Maintaining revenue cycle neutrality is a primary goal for most healthcare organizations through the ICD-10 transition. Purely technical approaches to ICD-10, such as using a crosswalk or code management tool, are unlikely to address the business impact and could result in coding decisions that yield lower reimbursements compared to previous years.
In this complimentary webinar, Edifecs healthcare technology experts Deepak Sadagopan and Herb Larsen will discuss how prioritized, risk-based approaches to ICD-10 can ensure revenue cycle neutrality and lay the groundwork for healthcare providers to tackle other business process affected by ICD-10.
WHEN: Wednesday, October 19, 2011 at 11:00 AM PDT / 2:00 PM EDT.
WHAT: A webinar discussing best practices for healthcare providers to ensure revenue cycle neutrality in the ICD-10 transition.
Attendees will learn:
- How to identify and prioritize the information systems and departments at highest risk in their revenue cycle management operations
- How to use technology tools to achieve neutrality in MS-DRG payments
- New ways to collaborate across the organization to mitigate transition risks
- Strategies to work with payers who will continue to use ICD-9 after the October 2013 transition
WHO: Deepak Sadagopan, General Manager of Clinical Solutions and the Provider Sector at Edifecs, is a recognized leader and domain expert in Healthcare IT. He has served in key leadership roles for top Fortune-rated corporations such as McKesson Corporation, Quest Diagnostics and Siemens, directing key initiatives related to Meaningful Use compliance, Health Information Exchanges, and launching the largest clinical transaction network in the United States, which serves more than 200,000 physician environments. Sadagopan has been actively involved in several key industry bodies such as the eHealthInitiative, CCHIT, and HITSP. He earned his master’s degree in Engineering from the University of Connecticut, and is a graduate of the Executive Program from the MIT Sloan School of Management.
Herb Larsen, Healthcare Industry Strategy Principal at Edifecs, has more than 25 years of experience in the healthcare payer and provider markets. He specializes in developing comprehensive solutions for payers and provider organizations to solve their toughest business problems, extend their capabilities and build competitive advantage. Larsen has helped payer organizations improve their operations, assisted providers with their payer-focused administrative operations, and helped technology and service vendors by leading functions such as sales, alliances, marketing and operations. Prior to Edifecs, Larsen held executive positions at companies of all sizes, including BlueCross BlueShield of Georgia and CIGNA. He is a frequent speaker at healthcare industry conferences on the subjects of interoperability and health data exchange and served on the board of the Managed Care Executive Group. Larsen earned his bachelor’s degree from Harvard University.
About Edifecs, Inc.
An industry leader since 1996, Edifecs provides healthcare software solutions that improve operational performance by streamlining the exchange of information among health plans, hospitals, and other healthcare organizations, while enabling compliance with current mandates such as HIPAA 5010 and ICD-10.
Today, more than 250 healthcare customers use Edifecs technology to unify transactions from any information channel source and input mechanism, while automating manual business processes such as enrollment, claims and payments management.
Edifecs is currently recognized as one of the 100 Fastest Growing Private Companies in the state of Washington, 100 Best Places to Work in the state of Washington, an Inc. 5000 fastest-growing private company and one of the 500 Fastest Growing Companies in North America by Deloitte. Edifecs is headquartered in Bellevue, WA. For more information, please visit http://www.edifecs.com.
Contact Michael Thomas of Raffetto Herman Strategic Communications, PR firm for Edifecs at mthomas(at)rhstrategic(dot)com.