What do the M series, AMG, and Roush have to do with physician burnout?

Maybe it’s just that having a really fast car makes you feel better when you finally get to leave the office.  After a long day in the clinic, it’s nice to have a well-tuned engine come to life and know the thrill of its power and response.  And see, the thing is, once you’ve driven…


Frozen Medicare Denial Rates and Three Possible Explanations

One of the largest fears leading up to the 2015 transition to ICD-10 was that denial rates would sky rocket in the months following October 1st.  Medicare predicted that denial rates would double or triple in the wake of ICD-10.  Conventional wisdom was to have a line of credit in place to fund 3-4 months…


Post ICD-10 Financial Impact on Coder and Biller Productivity

Last week we looked at a decrease in physician productivity, which is the biggest risk to physician practices in the post-ICD-10 world.  This week we are going to look at productivity risks for billers and coders. Billing and coding employees get a double dose of the ICD-10 change, as they often pick up additional slack for…


Post ICD-10 Financial Impact of Physician Productivity

One of the biggest risks associated with ICD-10 is the decrease in physician productivity.  When Canada transitioned to ICD-10, there was a decrease in physician productivity of 10-20%.  This type of productivity loss is devastating in a private physician practice, because in our current fee for service system most practices could not survive a 10-20%…


ICD-10 Is Here (Live Updates on October 1st)

October 1st has arrived and White Plume clients across the country are up and running on ICD-10. We will post updates throughout the day as we hear feedback from clients.   Diane Gerry, Director Patient Financial Services, OrthoNY (Albany, NY) It’s been going great! Your ongoing support is much appreciated! Carrie Applebaugh, Coastal Orthopedics (Bradenton, FL) In…


Private Insurers Respond to CMS Guidance on Unspecified ICD-10 Codes

After the joint announcement from CMS and AMA in July regarding the 12 month “grace period” regarding unspecified diagnosis codes, there have been many questions about the details.  The question I have been asked most frequently is, “How will the private insurers handle this?  Will they allow for a grace period too?” Given that this…


AMA and CMS Joint Annoucment on ICD-10…What does it mean?

AMA and CMS made a joint announcement yesterday regarding the transition to ICD-10.  What did they say and what does this mean for physician practices? Background Information on AMA, CMS and their positions on ICD-10 The AMA has long held the position that ICD-10 carries no benefit for physicians, and physicians are being asked to…


Five Tips to Engage Physicians in ICD-10 Preparation

If you struggle to get your physicians to listen and prepare for ICD-10, you are not alone.  Set a goal of getting one of them to understand and to become the ICD-10 champion; that will go a long way in getting your entire physician team moving in the right direction.  If you haven’t identified a…


Washington Update on ICD-10 – March 2015

February was a busy month in Washington DC for parties interested in ICD-10.  The big question on everyone’s mind is will it get delayed again?  ICD-10 has already been delayed three times, twice by CMS and most recently last March by Congress. The repeated delays make it difficult for anyone to say with certainty what…