Healthcare Providers to Learn Best Practices for Achieving Financial Neutrality through ICD-10 Transition
Bellevue, Washington (PRWEB) September 14, 2011
The transition from ICD-9 to ICD-10 represents one of the most wide-ranging impacts to a healthcare provider’s business. Given the dramatic increase in codes from roughly 18,000 to more than 140,000, processes for scheduling, care delivery, diagnostics, billing, and analytics will likely change in some way.
Revenue cycle neutrality is one of the top priorities of provider organizations as they plan for the ICD-10 transition. While some entities may be considering a purely technical approach, it’s unlikely to address the business impact of ICD-10-particularly revenue cycle neutrality-and could result in coding decisions that yield lower re-imbursements compared to previous years.
In this complimentary webinar, healthcare technology experts Deepak Sadagopan and Herb Larsen will provide insights into how healthcare providers can ensure revenue neutrality as they migrate to the ICD-10 code set.
WHEN: Thursday, September 15, 2011 at 9:00AM PDT / Noon EDT.
WHAT: A webinar highlighting effective strategies healthcare providers can use to manage their ICD-10 transition without negatively affecting revenue cycle management. Attendees will learn how to:
- Identify the greatest areas of risk in billing and claims management operations
- Leverage new technology to achieve neutrality in MS-DRG payments
- Work effectively with payers who may continue to use ICD-9 after the October 2013 transition
- Gain insight into how payers are approaching ICD-10 and use it to negotiate with them more effectively
WHO: Deepak Sadagopan, General Manager of Clinical Solutions and the Provider Sector for Edifecs, is a recognized leader and domain expert in Healthcare IT. He has served in key leadership roles for top Fortune-rated corporations such as McKesson Corporation, Quest Diagnostics and Siemens, directing key initiatives related to Meaningful Use compliance, Health Information Exchanges, and launching the largest clinical transaction network in the United States, which serves more than 200,000 physician environments. Sadagopan has been actively involved in several key industry bodies such as the eHealthInitiative, CCHIT, and HITSP. He earned his master’s degree in Engineering from the University of Connecticut, and is a graduate of the Executive Program from the MIT Sloan School of Management.
Herb Larsen, Healthcare Industry Strategy Principal at Edifecs, has more than 25 years of experience in the healthcare payer and provider markets. He specializes in developing comprehensive solutions for payers and provider organizations to solve their toughest business problems, extend their capabilities and build competitive advantage. Larsen has helped payer organizations improve their operations, assisted providers with their payer-focused administrative operations, and helped technology and service vendors by leading functions such as sales, alliances, marketing and operations. Prior to Edifecs, Larsen held executive positions at companies of all sizes, including BlueCross BlueShield of Georgia and CIGNA. He is a frequent speaker at healthcare industry conferences on the subjects of interoperability and health data exchange and served on the board of the Managed Care Executive Group’s Customer Leadership Summit. Larsen earned his bachelor’s degree from Harvard University.
REGISTER: https://www1.gotomeeting.com/register/448512545.
About Edifecs, Inc.
An industry leader since 1996, Edifecs provides healthcare software solutions that improve operational performance by streamlining the exchange of information among health plans, hospitals, and other healthcare organizations, while enabling compliance with current mandates such as HIPAA 5010 and ICD-10.
Today, more than 250 healthcare customers use Edifecs technology to unify transactions from any information channel source and input mechanism, while automating manual business processes such as enrollment, claims and payments management.
Edifecs is currently recognized as one of the 100 Fastest Growing Private Companies in the state of Washington, 100 Best Places to Work in the state of Washington, an Inc. 5000 fastest-growing private company and one of the 500 Fastest Growing Companies in North America by Deloitte. Edifecs is headquartered in Bellevue, WA. For more information, please visit www.edifecs.com.
Contact Michael Thomas of Raffetto Herman Strategic Communications, PR firm for Edifecs at mthomas(at)rhstrategic(dot)com.
