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MModal Misses Bond Payment During Creditor Talks to Reduce Debt

By Matt Robinson for Bloomberg.com MModal Inc. skipped a scheduled bond interest payment yesterday, taking advantage of a 30-day grace period as the provider of medical transcription services negotiates with creditors to cut the company’s debt load. “At this time no determination has been made by MModal to not pay such scheduled interest payment” within…

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6 Senators Press for Clarification on MU Hardship Exemptions

By Helen Gregg for Becker’s Health IT Six senators have called on CMS to provide clarification on its plan to provide healthcare providers more flexibility in applying for hardship exemptions to meaningful use deadlines. In response to industry pleas for a more relaxed timeline for the meaningful use program, CMS Administrator Marilyn Tavenner announced in…

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Shortage of 1,500 Oncologists Slated to Hit by 2025

By Molly Gamble for Becker’s Hospital Review The country’s demand for oncologists is slated to nearly double and lead to a shortage of nearly 1,500 cancer specialists by 2025, according to a report from the American Society of Clinical Oncology. The number of new cancer cases in the United States is projected to increase by…

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What President Obama’s Budget Would Mean for Health IT

By Helen Gregg for Becker’s Health IT President Barack Obama’s proposed budget for fiscal year 2015 reflects his commitment to advancing health IT by maintaining or increasing funding to several key agencies. The proposed budget allocates $75 million to the ONC to help the department continue its efforts to support the adoption of electronic health…

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Number of UPMC Employees Affected by Identity Theft Grows

By Kris B. Mamula for Pittsburgh Business Times The data spill affecting UPMC employees has grown, snaring 322 workers as of Wednesday, up from 22 employees two weeks ago, the health care system said Friday. Fraudsters have used UPMC employee data to electronically file phony income tax returns in an identity theft scheme that UPMC…

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Dolbey Announces 100th Year Anniversary

Dolbey and Company, Inc., which began as a partner and dealer for Thomas A. Edison’s dictation machine company, proudly announces the anniversary of its 100th year in business. In 1914, John Dolbey and Thomas A. Edison shook hands on a dictation machine franchise, and ever since, Dolbey has been a leader in dictation and document…

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Dolbey Speech Recognition is awarded “Best in KLAS”

Dolbey’s Fusion Speech® ranks #1 CINCINNATI, OH – For the second consecutive year, Dolbey Fusion Speech was ranked #1 in the Speech Recognition segment of the 2013 Best in KLAS: Software and Services report. KLAS is an independent healthcare research firm that recognizes the technology and service organizations that excelled in helping providers deliver better…

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Why ICD-10 is not just a coding project

By: Diane Taylor, RN-BC, EHR Intelligence If you think ICD-10 is all about new codes, you are dead wrong. ICD-10 is really about “documentation” ─ we clinicians have learned from day one that, “If it’s not documented, it wasn’t done.” This situation is even truer in the ICD-10 world, where the coder must build the…

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CFO Roundtable: How Will 3 Major Changes for the Year Ahead Impact Finances?

By Heather Punke for Becker’s Hospital Review Four hospital and health system CFOs discuss ICD-10, the two-midnight rule and price transparency. Hospital and health system CFOs are used to dealing with change. However, 2014 brings a few significant developments that could significantly impact the financial health of organizations. With the new two-midnight rule, the switch…

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FTC: Medical transcription firm allowed histories to be on search engine

By Grant Gross on InfoWorld The agency announces a data-breach settlement with the California company A medical transcription company has agreed to settle a U.S. Federal Trade Commission complaint that its inadequate security measures allowed the personal information, including medical histories and examination notes, of thousands of people to be published on the Internet. The…

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