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Editorial

Argument against ICD-10 delay doesn't focus on right points

Carl Natale, ICD10Watch.com

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To be honest, I think we're beyond arguing the merits of ICD-10-CM/PCS implementation. It's inevitable.

The MLR Report: Just fiddling while Rome is burning

Robert Laszewski, Health Care Policy and Marketplace Review

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The Kaiser Family Foundation estimates that 3.4 million people in the individual market will receive $426 million in consumer rebates because of the Affordable Care Act's new MLR rules. In the small group market 4.9 million enrollees will see $377 million in rebates, and 7.5 million people will get $540 million in the large group market. Wow!

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The states of Illinois, Nevada, Oregon, South Dakota, Tennessee and Washington will receive $181 million in grants from the Health and Human Services Department to help them establish health insurance exchanges.

Leading financial analysts scoffed at the notion of a healthcare IT “bubble” that could slow the pace of mergers and acquisitions this year. Speaking on a panel called “Financing The Deal” at the Nashville Health Care Council, they predicted that 2012 M&A activity would be brisk, though not superheated.

Two companies in Maine have recently teamed up to provide an innovative and affordable healthcare plan to employees. The plan not only pays claims but also rewards those in good health with cash incentives.

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Michael McKay, 32, of Saratoga Springs, N.Y.. pleaded guilty in district court on May 11 for forging physician’s chart notes to make Medicare or private carrier claims qualify for reimbursements for bone growth stimulator medical devices.

As the number of home health agencies and fraud cases related to home health agencies continues to skyrocket, the Office of Inspector General (OIG) is exerting more pressure on the Centers for Medicare & Medicaid Services (CMS) to fulfill an obligation that is 15 years old.

As the healthcare industry continues to move in the direction of using compensation incentives, a new analysis reveals that incentives as currently used are not an effective motivator for healthcare professionals and waste an estimated $20 billion in resources.

Jeffrey Selwyn, an internist at New Pueblo Medicine in Tucson, Ariz., is 65, but he says he's nowhere near retiring. Unlike many docs his age who are throwing in the towel due to the increased pressures on physicians to use EHRs, Selwyn is excited. He wasn't always a fan, however.

WEBINARS AND WHITE PAPERS

The following is a summary of selected monthly meetings of the HIMSS Patient-Centered Payer Roundtable. Each session has a featured speaker and is focused on a specific topic. A session recordings of each meeting is available on the HIMSS Patient-Centered Payer Roundtable website.