Friday September 14, 2012
The healthcare industry faces enormous pressure to
transform the delivery system from acute centric care into more
cost effective care across the preventative, chronic, acute, and
long-term continuum. The marketplace is demanding that providers
align, and that change is implemented aggressively. The current
industry backdrop is an environment where the cost of drugs,
supplies, technologies and staffing are increasing, competition
from entrepeneurs who capture opportunities in attractive niches is
intensified, and consumer interest in public scorecards on hospital
and physician safety, quality, and satisfaction has risen. All the
while reimbursement rates from third party payors (Medicare,
Medicaid, and Commercial Health Plans) is trending
downward.
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Transition to
ICD 10