The Financial Impact of ICD-10: Winners and Losers

Event Information
Product Format
Prerecorded Event
60 Minutes
Product Description

Ensure Positive Financial Impact of ICD-10 by Overcoming These Common ‘Problem Areas’!

There are a lot of unknowns when it comes to the financial aspects of ICD-10.  Transitioning to the new ICD-10 codes could be a disaster for some providers. Still, those who take into careful consideration their present clinical documentation and coding shortfalls and further adjust them for ICD-10 specificity could ensure an entirely different result.

This program conducted by our experts Harriett Wall and Deana Harper is designed to challenge executives with the full magnitude of the changes required by ICD-10.  You will learn where and how to look for problems and how to address commonly overlooked educational needs.  You will understand the critical importance of engaging physicians in the documentation specificity required by ICD-10.  Plus, you will gain an “early adopter” insight into the use of Computer Assisted Coding Technology (CAC) including benefits and challenges.

Participants will take away:

  • A focused set of common “problem areas” with a list of items to review within each area
  • Strategies for engaging physicians in documentation specificity needed for ICD-10
  • A listing of selected common diagnoses and procedures, the impact of ICD-10, and directional outcome on reimbursement
  • An appreciation for the benefits and challenges of Computer Assisted Coding (CAC)

Here are a few highlights of the session:

  • Gain appreciation for the magnitude of the ICD-10 changes, with the volume of diagnostic and procedure codes increasing from approximately 18,000 codes under ICD-9 to more than 141,000 codes under ICD-10
  • Gain insight into the “winners” and “losers” across a broad spectrum of areas including Inpatient, Emergency, Obstetrics, and Behavioral Health.
  • Understand how and why clinical documentation education focused on ICD-10 is essential, even for institutions with well-functioning clinical documentation integrity programs.
  • Learn  the critical importance of engaging and education physicians
  • Will understand the benefits and limitations of implementing technology options, such as Computer Assisted Coding (CAC)

Who should attend?

  • C-level executives and Board Members who want an outside view on the scope of ICD-10 impact
  • VP Finance and Directors of Revenue Cycle looking for directional information on reimbursement impact
  • Chief Medical Officers (CMO) and other Physician Leaders involved in documentation integrity
  • Health Information Management (HIM) and Clinical Documentation Improvement Managers looking for information on educational needs for Physicians and Clinical Documentation Improvement Specialists (CDIS)
  • Health Information Management (HIM) and Information Technology (IT)Directors looking for early results of Computer Assisted Coding

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About Our Speaker

Harriett Wall and Deana Harper

Harriett Wall, MBA, is a Vice President at Kohler HealthCare Consulting, Inc.   Harriett is a versatile senior executive with 20+ years of achievement in growing healthcare consulting practices and delivering successful engagements.  Harriett has held executive leadership positions in business development, project management, and consulting operations.  She has international healthcare experience in Australia and New Zealand.Harriett was awarded her B.S. in Physical Therapy from Northeastern University and her MBA from...   More Info
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