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Healthcare businesses seeking an assessment of their exposure to financial risk in relation to ICD-10 compliance have a new online tool at their disposal. The HIMSS ICD-10 Task Force and Jvion, a healthcare compliance technology and services organization, announced on June 27 the release of their collaboratively developed ICD-10 Financial Risk Calculator.
Not surprisingly, reaction from healthcare industry stakeholders to the Supreme Court's decision to uphold the Affordable Care Act has been swift. Healthcare Finance News shares some of the comments it has received.
Government Health IT Editor Tom Sullivan spoke with Bill Bernstein, chairman of the healthcare division at law firm Manatt, Phelps & Phillips, which works with states and providers on health IT and related public policy issues, on the implication of the Supreme Court's ACA ruling and how it affects how the law will ultimately play out, health IT projects, and the impact it could have on Republican presumptive nominee Mitt Romney, who has been stumping on ACA repeal.
In a stunning blow to opponents of the Affordable Care Act, the United States Supreme Court today ruled in a 5 to 4 vote that the most reviled portion of the health reform law -- the so-called individual mandate requiring all Americans to buy health insurance or face a fine -- is constitutional, since it falls within the power of Congress to impose a tax.
As recent studies have shown, health systems across the country are increasing their IT spending in the next five years or so. Given that, it is imperative that chief information officers and chief financial officers partner to create strategic budgets said a CIO and CFO during an education session Tuesday at HFMA's national conference in Las Vegas.
The Supreme Court ruled that the individual mandate survives as a tax under the Patient Protection and Affordable Care Act.
In 2010, Scott Hawig, chief operating officer at Duke University Health System, and Jim Bohnsack, executive vice president of product development at Transunion Healthcare, decided to analyze the behavior, demographic and financial makeup of one hospital system's patient population against service lines to determine how to improve patient outcomes and reduce costs at the same time.
The healthcare economy is expected to grow at twice the rate of the national economy between now and 2020 and will create an additional 5.6 million jobs over those eight years, according to a report released by the Georgetown University Center on Education and the Workforce.
The Alaska Department of Health and Social Services (DHSS) -- the state's Medicaid agency -- has agreed to pay $1.7 million to the U.S. Department of Health and Human Services (HHS) to settle possible violations of the HIPAA Security Rule, making it the second largest settlement for HIPAA violations to date.
The U.S. Department of Treasury late last week proposed regulations aimed at aiding patients gain access to financial assistance at charitable hospitals while also providing protection to patients from overly aggressive payment collection in the ER.