2014 presents challenges with ICD-10, PQRS and more for physician practices

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Note:  The following article synopsis was NOT provided by HCPro. It was created by Find-A-Code/innoviHealth.

Article Overview

This article looks at several broad administrative and compliance issues that physician practices were expected to face in 2014. It covers the anticipated operational impact of the ICD-10 transition, changes related to PQRS and meaningful use, the effects of health insurance exchanges on collections and coverage verification, and discussion of broader Medicare policy uncertainty. It is aimed at practice managers, physicians, coders, and healthcare administrators who need to understand the main planning areas and resource challenges described in the article.

Why This Topic Matters

The article highlights a cluster of federal and payer-related changes that could affect staffing, workflow, claims processing, collections, reporting, and audit readiness in physician offices. Understanding these topics helps practices anticipate operational strain and prepare for compliance-related demands.

What You Will Learn

  • Which major policy and reporting changes were expected to affect physician practices in 2014
  • How coding transition issues could affect practice operations and vendor readiness
  • Why quality reporting and meaningful use were expected to create additional administrative workload
  • How insurance exchange growth could influence coverage verification and patient collections
  • What broader Medicare payment policy uncertainty meant for practice planning

Who Should Read This

  • Physician practice managers
  • Physicians
  • Medical coders
  • Billing and revenue cycle staff
  • Healthcare administrators
  • Compliance staff

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