Last updated on April 17, 2014 at 10:33 EDT

Precyse Encourages Clients to Continue ICD-10 Preparations

June 28, 2013

Amid distractions, healthcare organizations must remain steadfast and continue their ICD-10 implementation plans

WAYNE, Pa., and ALPHARETTA, Ga., June 28, 2013 /PRNewswire/ — Precyse, a leader in Health Information Management (HIM) technology and services, continues to encourage current and prospective clients to move forward with their ICD-10 preparations. Despite recent distractions, such as the American Medical Association (AMA) House of Delegates agreeing to lobby Congress and the Centers for Medicare and Medicaid Services (CMS) for a 2-year “grace period” for physicians to ensure accurate implementation following the October 2014 deadline, the deadline is holding fast. Farzad Mostashari, MD, the national coordinator for healthcare IT, stated last week there would be no extension of the deadline.

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While these ramblings continue, there is a clear picture emerging that healthcare organizations are not ready. According to two separate recent surveys — one from the American Health Information Management Association (AHIMA) and the other from the Medical Group Management Association (MGMA) — ICD-10 readiness is lagging.

“There is certainly much hard work in the form of clinical documentation improvement, training and development, process improvement and systems testing to be completed between now and October 2014. We are telling our clients that now is not the time to procrastinate,” said Chris Powell, president of Precyse. “As physicians, hospitals and payers manage the ICD-10 transition amid other pressing initiatives, it is critical that we remind ourselves why ICD-10 is so important. ICD-10 gives physicians and hospitals better information about patient populations for use in quality and outcomes programs to help improve patient health, while allowing them to be appropriately reimbursed for the care provided. Staying resolute on this cutover date allows our industry to focus on the health of our nation’s hospitals, physicians and the patients whom we all ultimately serve.”

About Precyse
Precyse provides industry-leading expert services and comprehensive technologies that empower healthcare organizations to most effectively and efficiently capture, organize, secure and analyze clinical data and transform it into actionable information, supporting the delivery of quality patient care and optimizing operating performance. Precyse has enabled nearly 4,000 hospitals and health systems nationwide to improve efficiency and deliver tangible outcomes for more than a decade. With products ranging from an integrated transcription and coding platform with advanced speech recognition, expert workflow technologies and Natural Language Processing to HIM consulting and services, Precyse’s flexible software can be delivered standalone or complemented by a professional staff of more than 1,200 experts. Now more than ever, hospitals and health systems are challenged to achieve meaningful use of the legal health record. Precyse is the partner hospitals across the country choose to achieve this goal. To learn more, visit www.precyse.com.

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Media Contact:
Lisa Algeo, Precyse
610-688-2464 x301

SOURCE Precyse

Source: PR Newswire