Atlanta, GA (PRWEB) December 30, 2013
Atlanta-based Jvion—a healthcare technology company providing solutions to reduce clinical and financial waste—recently released their latest whitepaper “Measure Twice, Cut Once: 5 Biggest Lessons in ICD-10 Documentation Success.” The resource was developed as a roadmap for providers who face the daunting challenge of updating documentation practices as part of the transition to the new ICD-10 code set.
Jvion explains that the ICD-10 transition provides a unique chance to examine and improve documentation processes. But many providers are not able to capitalize on this opportunity because of resource, time, and budgetary constraints. To address these gaps and the pitfalls inherent to the ICD-10 transition, Jvion proposes a documentation approach based on the adage “measure twice, cut once.”
The foundation of the five steps outlined in the whitepaper is a data-driven understanding of ICD-10 documentation risks. By looking into historical claims data with the right analytic lens, a provider can analyze past coding and reimbursement details, and then translate that data into ICD-10. Critical to this analysis is a detailed view that drives down to the practitioners and coders who are documenting, understanding, coding, and communicating what is going on at the patient encounter level. The results help providers isolate the 10-20% of all charts that require real focused attention and a detailed analysis of documentation practices.
Once a provider has this analytic, measured view into ICD-10 documentation risks, they can prioritize all efforts by risk, isolate what can be fixed today in the ICD-9 world, and drive continual improvement across the conversion timeline. As the author points out, this approach has yielded thousands in savings and has helped the providers who have taken this path to drive a data-driven mindset into the entire ICD-10 conversion.
For more information or to download a copy of the whitepaper “Measure Twice, Cut Once: 5 Biggest Lessons in ICD-10 Documentation Success,” please visit Jvion at jvion.com.
Jvion is a healthcare technology company addressing the financial and operational impacts resulting from mandated reforms and compliance activities. We offer a suite of Big Data-enabled software solutions to: reduce the financial impact and burden of the ICD-10 conversion; and help providers protect their revenues by identifying and predicting clinical and financial waste areas.
Jvion’s solutions are powered by our proprietary Bonobo Big Data Platform, which detects otherwise hidden patterns of risk. It is through these predictive modeling capabilities that we help hospitals reduce losses affordably and in a patient-centered way.