Category Archives: Healthcare Reform
Video: ACO Rules
Carter Groome says the new accountable care organization (ACO) rules will change healthcare, but it may be too early to know exactly how. Hospitals will be impacted by ACOs in several different ways. Carter believes hospitals that have a strategy around ACOs may be able to get a competitive advantage over other area hospitals. Payers have purchased health information exchanges (HIEs) and that may affect hospital Medicaid reimbursements. The regulatory and political environment could also … Continue reading
National HIPAA 5010 Testing Week
The Jan. 1, 2012 compliance deadline is fast approaching for all HIPAA covered entities to begin processing version 5010 transactions. According to the recommended compliance timelines provided by CMS, payers and providers should be well on their way in external testing of electronic claims. To gauge where trading partners stand in their transition, CMS previously announced 2 national testing days where providers, payers and vendors work with local representatives on testing version 5010 transactions.
Video: HIT Industry Challenges
Randy Bailey addresses the biggest health IT industry challenge: uncertainty. With recent changes in healthcare IT policy, providers are being asked to plan for the future, even though more changes are on the horizon. Although uncertainty remains, Randy is still confident that the HIT community will produce solutions that meet the objectives of both the providers and the policy. What do you think the biggest challenge is for the HIT industry?