CDI Services to Uptick in Advance of ICD-10 Transition | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

CDI Services to Uptick in Advance of ICD-10 Transition

July 29, 2014
by Gabriel Perna
| Reprints

Clinical Documentation Improvement (CDI) services and initiatives will triple as more hospitals shift to the ICD-10 code-set in advance of the Oct. 1, 2015 deadline, according to new research.

Of the 550 hospital technology and physician leaders surveyed for the research, from the New York-based Black Book Market Research, 24 percent outsource clinical documentation audit, review, and programming services. Seventy-one percent of respondents plan on having a CDI services help them adjust and survive under the new codes.

“There is no greater opportunity on the providers’ horizon to maximize financial viability than to improve the accuracy of provider clinical documentation,” Doug Brown, managing partner of Black Book, said in a statement.

Of the 200+ bed hospital category, 88 percent who have outsourced CDI say they have realized significant (over $1M) gains in appropriate revenue and proper reimbursements. Eighty-three percent say they have received quality improvements and increases in the case mix index. Twenty-eight percentage of hospitals presently outsourcing coding and CDI are contemplating a switch to second generation CDI vendors as physician practice acquisitions and EHR implementations have threatened the sustainability or effectiveness of their current CDI programming.

“Transitioning to ICD-10 is a complicated process and hospitals are leaning on the expertise and successes of outsourcing vendors,” said Brown. “We still operate in an ICD-9 world, complicated  by EHR implementations, value-based reimbursement models, compliance issues and optimizing reimbursement; a perfect storm from which outsourcers have the expertise to shield their clients.’

A recent webinar, hosted by the Weymouth, Mass.-based consulting firm, Beacon Partners, noted that creating a CDI program was one strategy to capitalize on the ICD-10 delay.

 

 

Get the latest information on ICD10 and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More

Topics

News

Former Health IT Head in San Diego County Charged with Defrauding Provider out of $800K

The ex-health IT director at North County Health Services, a San Diego County-based healthcare service provider, has been charged with spearheading fraudulent operations that cost the organization $800,000.

Allscripts Touts 1 Billion API Shares in 2017

Officials from Chicago-based health IT vendor Allscripts have attested that the company has reached a new milestone— one billion application programming interface (API) data exchange transactions in 2017.

Dignity Health, CHI Merging to Form New Catholic Health System

Catholic Health Initiatives (CHI), based in Englewood, Colorado, and San Francisco-based Dignity Health officially announced they are merging and have signed a definitive agreement to combine ministries and create a new, nonprofit Catholic health system.

HHS Announces Winning Solutions in Opioid Code-a-Thon

The U.S. Department of Health and Human Services (HHS) hosted this week a first-of-its-kind two-day Code-a-Thon to use data and technology to develop new solutions to address the opioid epidemic.

In GAO Report, More Concern over VA VistA Modernization Project

A recent Government Accountability Office (GAO) report is calling into question the more than $1 billion that has been spent to modernize the Department of Veterans Affairs' (VA) health IT system.

Lawmakers Introduce Legislation Aimed at Improving Medicare ACO Program

U.S. Representatives Peter Welch (D-VT) and Rep. Diane Black (R-TN) have introduced H.R. 4580, the ACO Improvement Act of 2017 that makes changes to the Medicare accountable care organization (ACO) program.