CMS agrees to first-year flexibility in ICD-10 claims processing
CMS releases guidance that will allow for flexibility in the claims auditing and quality reporting process for the new ICD-10 codeset. CMS will keep the October 1 deadline for the transition, but adopt four AMA-proposed steps that include: an agreement that claims lacking specificity will not be denied; an easing of quality reporting and other penalties due to improper coding; an agreement to authorize advance payments to physicians if contractors are unable to process claims; and, the addition of an ICD-10 Ombudman to navigate transition problems.
CMS seemingly recognized that unless some concessions were made, the AMA and other ICD-10 critics would continue to fight for another delay. Maybe now everyone will stay focused and get ready for the inevitable.
HealthStream CEO shares his wealth with employees
HealthStream CEO Bobby Frist gives about 600 of his employees $1.5 million of his personal stock. All of the employees are non-executives and will be given stock that is worth between $300 and $10,000, depending on the employees’ tenure and role.
Frist gets my vote for boss of the year. What a way to boost employee morale and build loyalty.Continue reading…









