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Last week I read a story that mentioned a study that came to this conclusion: Only 14% Of Medical Errors Reported By Hospitals. It’s an alarming story, one that undoubtedly is true, but it’s the kind of story that leads to hysteria instead of understanding. Overall, the question comes down to what constitutes an error. [...]
Health care in America is in trouble. It’s in trouble for many reasons, but I tend to believe it’s all related to money. Although people outside the industry tend to believe that hospitals are making money hand over fist, the reality is that the majority of hospitals in this country are either losing money or [...]
No, we’re not talking fishing here, which means we’re not talking about fishing poles. We’re talking health care, and something most people have no real clue about is this item called a “charge master“. I actually gave a one paragraph explanation about charge masters 3 years ago, but it’s not really sufficient. Since I wrote [...]
I talk a lot about leadership on this blog but I’m also a health care finance consultant that concentrates on charge master issues. What this means is that I help hospitals look at their charges to see if they’re coded properly, being priced fairly, and are being captured properly so that they know they’re capturing [...]
By the time you see this post I’ll be on my way out of town to see my mother, grandmother, and my grandmother’s brother. My grandmother is in a nursing home, something I think I’ve talked about before. You know, I’ve been in health care more than 28 years now, and though this isn’t the [...]
Within the health care industry, lately there’s been more talk about quality. Most of the talk involves things such as clinical efficiency, getting people out of the hospital faster, and lowering the costs of care. Only on that last one do patients seem to agree. I’ve talked to a lot of them over the years, [...]
For most people, seeing the term ICD-10 means nothing. For those in health care, though, this is a very big deal. Medical billing and coding personnel will be significantly affected. For people in the United States, it’s a fundamental change that’s going to be a mess. ICD stands for International Classification of Diseases. Basically, this [...]
