Events Calendar

Mon
Tue
Wed
Thu
Fri
Sat
Sun
M
T
W
T
F
S
S
29
1
3
4
5
7
8
10
11
12
15
16
17
18
19
21
24
25
26
27
30
31
1
2
A Behavioral Health Collision At The EHR Intersection
2014-09-30    
2:00 pm - 3:30 pm
Date/Time Date(s) - 09/30/2014 2:00 pm Hear Why Many Organizations Are Changing EHRs In Order To Remain Competitive In The New Value-Based Health Care Environment [...]
Meaningful Use and The Rise of the Portals
2014-10-02    
12:00 pm - 12:45 pm
Meaningful Use and The Rise of the Portals: Best Practices in Patient Engagement Thu, Oct 2, 2014 10:30 PM - 11:15 PM IST Join Meaningful [...]
Adva Med 2014 The MedTech Conference
2014-10-06    
All Day
Adva Med 2014 The MedTech Conference October 6-8, 2014 McCormick Place Chicago, IL For more information, visit, advamed2014.com For Registration details, click here  
Public Health Measures Meaningful Use
2014-10-09    
12:00 pm - 12:45 pm
Public Health Measures Meaningful Use: Reporting on Public Health Measures Join Meaningful Use expert Jim Tate for a three part series of webinars addressing MU [...]
2014 Hospital & Healthcare I.T. Conference
2014-10-13    
All Day
Join us at our 2014 Hospital & Healthcare I.T. Conference and experience the following: Up to 125 Hospital & Healthcare I.T. executives from America’s most prestigious [...]
Connected Health Care 2014
Key Trends That will be Discussed at the Conference! Connected Healthcare 2014 is set to explore the crucial topics that are revolutionizing the connected health industry: [...]
HealthTech Conference
2014-10-14    
All Day
HealthTech Capital is a group of private investors dedicated to funding and mentoring new "HealthTech" start ups at the intersection of healthcare with the computer [...]
Health Informatics & Technology Conference (HITC-2014)
2014-10-20    
All Day
Information technology has ability to improve the quality, productivity and safety of health care mangement. However, relatively very few health care providers have adopted IT. [...]
HIMSS Amsterdam 2014
2014-10-20    
12:00 am
About HIMSS Amsterdam 2014 This year, the second annual HIMSS Amsterdam event will be taking place on 6-7 November 2014 at the Hotel Okura. The [...]
Patient Portal Functionality and EMR Integration Demonstration
2014-10-22    
2:00 pm - 3:30 pm
This purpose of this webcast is to present a demonstration to show how the Patient Portal integrates with EMR, as well as discuss how this [...]
Connected Health Symposium 2014
Symposium 2014 - Connected Health in Practice: Engaging Patients and Providers Outside of Traditional Care Settings Collaborating with industry visionaries, clinical experts, patient advocates and [...]
CHIME College of Healthcare Information Management Executives
2014-10-28 - 2014-10-31    
All Day
The Premier Event for Healthcare CIOs Hotel Accomodations JW Marriott San Antonio Hill Country 23808 Resort Parkway San Antonio, Texas 78761 Telephone: 210-276-2500 Guest Fax: [...]
The Myth of the Paperless EMR
2014-10-29    
2:00 pm - 3:00 pm
Is Paper Eluding Your Current Technologies; The Myth of the Paperless EMR Please join Intellect Resources as we present Is Paper Eluding Your Current Technologies; The Myth [...]
Events on 2014-09-30
Events on 2014-10-02
Events on 2014-10-06
Events on 2014-10-09
Events on 2014-10-13
Events on 2014-10-14
Connected Health Care 2014
14 Oct 14
San Diego
HealthTech Conference
14 Oct 14
San Mateo
Events on 2014-10-20
HIMSS Amsterdam 2014
20 Oct 14
Amsterdam
Events on 2014-10-23
Events on 2014-10-28
Events on 2014-10-29
Articles Research Papers

Oct 16:“Hard to see value” in ICD-10 for physicians, analytics

ICD-10 has never been the most popular kid at the lunch table.  Viewed as just another regulatory burden with no clear purpose and a huge price tag, physicians have been railing against the switch since the day it was announced.  Experts have tried to clean up its image by praising the added specificity and granularity of the data that will result from the more than 140,000 codes, but it’s a hard sell to providers already drowning in EHR adoption, meaningful use, the ACA, and quality improvement reforms.  Is ICD-10 worth it?

From a physician’s perspective, it doesn’t seem to make much sense,” said Juergen Fritsch, Chief Scientist at M*Modal, to HealthITAnalytics.  “They’d have to buy in to the bigger premise about getting richer data and more fine grained data for billing purposes.  But from a clinical perspective, I wouldn’t say it makes that much sense.  For a physician, I can see why they struggle with that.”

For health information management professionals, ICD-10 is simply a necessity, says Lynne Thomas Gordon, MBA, RHIA, FACH, CEO of AHIMA.  “Let’s say you move to a new neighborhood, and you want to get a new telephone number.  But they said, ‘We’re sorry, there’s no more room.  You can just be grouped with your neighborhood, and we’ll call that one number if we want to get ahold of you.’  That’s kind of what’s happening with our system now, because we’ve run out of space,” she explains.
There is just no way for ICD-9 to accurately capture the advances of medicine from the past 30 years.  There’s nowhere to put new codes in the existing structure.  In order to track diagnoses and procedures for accurate reimbursements, the industry needs ICD-10.  But will better billing translate into better analytics?
“ICD-10 will only give us minimal bang for the buck,” argues Dan Riskin, MD, CEO and co-founder of Health Fidelity.  “The challenge is not that we’re lacking granularity.  Our weakness is not that for a femur fracture, we can’t tell left from right.  When we’re looking at population management, it’s not that we believe the left femur fracture is so much different from the right.”
“Our weakness is that we don’t have a rational infrastructure.  We’re starting, but we don’t have the breadth of content we need to adequately represent the patient.  All we have is this tiny bit of claims data, but the best we’ve ever gotten is 20% of clinical information into claims data.  So ICD-10 is trying to make that tiny bit of claims data just a little better.”
“It’s a larger set of codes than it used to be, so there’s definitely more value from an analytics perspective than ICD-9, but it’s still a limited, fixed set of codes that you have to pick from,” Fritsch adds.   “So it’s the same problem that we had before.  Sometimes you want to say something in a way that is not covered by ICD-10.  You’re still going to make statements that are not relevant for ICD-10, so you need more.  If you really want to do clinical analytics, it isn’t going to be sufficient to just use ICD-10 as a basis for that.  You’re going to miss a lot of detailed information about the patient that’s not covered in ICD-10.”
“Of course, it’s a step up from using ICD-9 data in the past,” he acknowledges.  “But it’s not something I would recommend to base your analytics capabilities off of.  It’s one source of information, and you definitely want to include it in anything you do, but it’s not going to be sufficient to really get insights into your patients.”
Whether it will be a boon to analytics or not, ICD-10 has been federally mandated, and providers will need to prepare themselves for October 1, 2014 whether they like it or not.  “What I find amazing is that there are still so many practices and groups out there that still haven’t invested anything, whether it’s technology or training, into ICD-10 yet,” Fritsch commented.  “I’m not sure if they’re all banking on it being delayed further, but it’s surprising to me that there’s so little preparation happening still.  Part of it certainly is that it’s hard for physicians to see the value in why they should do it.”