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CDC Releases New Diagnosis Codes for 2023 With a Focus on SDOH

By Amanda Norris for Health Leaders The CDC just released upcoming changes to both the ICD-10-CM diagnosis code set and the official coding guidelines. The new changes include 42 diagnosis code additions, seven deletions, and one code revision. All changes will go into effect April 1, which should give revenue cycle leaders time to train staff and…

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Rev Cycle Documentation Errors Add Up to Almost $5M, OIG Says

By Amanda Norris for Health Leaders Now is the time to shore up your revenue cycle as some providers may need to pay for incorrect modifier usage. According to the recent report by the OIG investigating instances of incorrect co-surgery and assistant-at-surgery modifier usage, 69 of 100 sampled procedural services did not meet federal requirements. An additional…

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Revenue Cycle Management is Top Software Investment Priority for Providers

By Jay Asser for Health Leaders Coming off the heels of the COVID-19 pandemic, providers are doubling down on software investments and prioritizing revenue cycle management to alleviate macroeconomic challenges, according to a report from Bain & Company and KLAS. The research finds that 45% of providers accelerated software investment over the past year, with 10% pulling…

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Electronic Medical Records Are Strangling American Medicine

By Dane Brodke, MD, MPH for MedPage Today Last month, 15,000 nurses went on strike in Minnesota in the largest private-sector nursing strike in U.S. history. They were protesting understaffing and overwork at a time when provider burnout has reached epidemic proportions — approximately 63% of physicians and 80% of nurses now report symptoms of burnout. Meanwhile, healthcare continues to struggle…

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