ICD-10
Consulting Services | Revenue Cycle | ICD-10A Tsunami is Coming
Transition to the ICD-10 platform may create more work and risk than you realize. Its effects will likely extend deep into your operations, including your dealings with other providers, payers and vendors. The wave of training required, as well as the flood of systems and processes requiring revision, may shock you. For example, we found one 280 bed hospital that needed 35,000 personnel hours of work to prepare A larger or more complex hospital could require significantly more effort. Under preparing could put your organization at risk.
To avoid potential revenue shortfalls due to underpaid or denied claims, it is important for your organization to adequately prepare for ICD-10. Planning your implementation now could be one of the most important strategic decisions you can make.
QHR and Kforce can help you reach your ICD-10 transition goals. Contact us today.
ICD-10 for Executives
Transition to the ICD-10 platform will create more work – and more risk – than you realize. Its effects will extend deep into your operations, including your dealings with other providers, payers and vendors. The wave of training required and the flood of systems and processes needing revision may shock you. For example, we found one 280-bed hospital that needed 35,000 man-hours of work to prepare.
ICD-10 for Revenue Cycle Professionals
The transition to ICD-10 will impact the entire revenue cycle - from authorization protocols, to the productivity of HIM staff, to the claims creation and submission process.
Under ICD-10, hospital revenues will be more closely aligned with physician documentation – and yet the American Medical Association believes only 45% of its membership will be ready by the 2013 deadline.*
ICD-10 Approach
QHR/Kforce recognizes that your ICD-10 assessment will be a significant undertaking, impacting many operational departments, significant numbers of technology systems (internally and vendor supported), physicians and other clinicians, coders, enabling functions such as finance and human resources, and a variety of clinical settings.
We include the full breadth of impacted operations, systems, and personnel across your organization within the scope of our ICD-10 Assessment Readiness Review
ICD-10 Whitepaper
Healthcare’s Latest Tidal Wave: ICD-10: How Hospitals Can Turn ICD-10 Compliance into a Strategic Opportunity for Success
“Don’t underestimate the scope of what ICD-10 preparation can do for your hospital,” said Michael Baxter, CEO of Parkview Medical Center, a 350-bed hospital located in Pueblo, Colorado. This is not the time to say, “We have until October 2013, we will get to it eventually.”
ICD-10 For IT Professionals
The impact of the transition to ICD-10 on information systems cannot be underestimated. In our experience many interdependent IT systems require
remediation, replacement or consolidation for a small to medium health care organization.
Why QHR/Kforce is Your Best Choice for ICD-10 Transition
QHR/Kforce can help you establish a “best of class” plan to address the complex tasks associated with the transition to ICD-10.
Here is what you can expect QHR/Kforce to bring to your facility:
- Our Best People
- Proven Success
- Speed to Value
- Comprehensive Methodology
- Ability to Assist with Implementation
ICD-10 Frequently Asked Questions
QHR Consulting and Kforce Healthcare have developed a proven, comprehensive ICD-10 solution for hospitals. Working in nearly 150 hospitals across the U.S., QHR consultants have created and tested an operationally-oriented consulting approach to ICD-10, incorporating Kforce’s accredited ICD-10 trainers, coding staff and IT experts familiar with virtually every EMR and Hospital IT system.
We have developed the following FAQs to help you understand what is involved in a successful ICD-10 conversion.
ICD-10 Readiness Assessment
A comprehensive ICD-10 implementation readiness assessment from QHR Consulting and Kforce Healthcare Solutions can help hospital executives understand the mitigation risks, process and system impacts and full scope of training associated with converting from ICD-9 to ICD-10.
