In her blog post, "2 Things HIM Leaders Wish Their Revenue Cycle Peers Knew," Andrea Romero, SVP of HIM Operations at himagine solutions, challenged HIM leaders to become more visible within the revenue cycle function to help improve awareness of the importance and challenges associated with the HIM department. This prompted me to reflect on some of the feedback I receive from clients who are interested in utilizing companies like himagine for audit services. In many cases the client has a desire to go beyond a traditional and episodic compliance audit by developing a more comprehensive approach that addresses individual coder performance on an ongoing basis. Inevitably, this desire is tempered by the fact the HIM department does not have the funds budgeted to initiate such a program and the thought of achieving approval from the senior levels of the revenue cycle organization for this funding seems overwhelming.
In our soon to be released second annual HIM Benchmark Report, 70% of HIM leaders indicated they increased auditing efforts in 2016 and a whopping 96% projected to maintain or increase this level of auditing in 2017.
The next wave of the ICD-10 transition may help Organizations increase revenue through higher level of specificity in claim submission. The key to this success is driven by continuous monitoring of coding accuracy.
For HIM professionals and the providers they work for, ongoing education plays an important role in data accuracy. Coding guidelines are frequently updated and coders must adapt to new rules while meeting quality and productivity standards. With just a few months to go before the continued expansion of the ICD-10 coding set, providers must think strategically about implementing solutions that will minimize coding errors while maximizing reimbursement.