Can the Outsourced Coding Market Accommodate Providers' Growing Demands?

KLAS report examines outsourced coding firms and how they compare.

2014-04-08

OREM, UT, April 08, 2014 (Press-News.org) Sixty-six percent of providers surveyed reported plans to keep or expand their current outsourced coding contract, yet many firms are struggling with scalability and quality in the current market. This according to the latest KLAS report Outsourced Coding 2014: Do You Have Enough Resources for the ICD-10 Transition?

Providers are turning to outsourced coding firms at an unprecedented rate, and while many report success with their current firm, scalability proves to be a consistent concern. Additionally, with a shortage of domestic resources, more and more providers are considering going offshore as a viable option. Providers are also working to build stronger relationships with their current firms.

"We are hearing from providers that as they look to the future, they are strategically building robust relationships with outsourced coding firms," said Boyd Stewart, report author. "Recognizing that it is becoming a competitive market with limited resources, providers want to make sure they are able to get support and help from their outsourced coding firms when ICD-10 hits."

The study showcases the performance of 11 different outsourced coding firms: 3M, Anthelio Healthcare, COMFORCE, Kforce, LexiCode, Maxim Health Information Services, MedPartners, Optum, Peak, Precyse and TrustHCS. For further details, visit KLAS online at www.KLASresearch.com/reports and view Outsourced Coding 2014: Do You Have Enough Resources for the ICD-10 Transition? The report is available to healthcare providers and vendors. Providers receive a significant discount off the standard retail price or can receive a complimentary summary report in exchange for a survey about one of their current vendors.

About KLAS
KLAS is a research firm on a global mission to improve healthcare delivery by enabling providers to be heard and counted. Working with thousands of healthcare professionals and clinicians, KLAS gathers data on software, services, medical equipment and infrastructure systems to deliver timely reports, trends and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving vendor performance. Follow KLAS on Twitter at www.twitter.com/KLASresearch.

ELSE PRESS RELEASES FROM THIS DATE:

Distracted driving in New York: Illegal and dangerous

2014-04-08

AAA recently published a set of driving tips to help reduce the risk of distracted driving accidents. The publication was released in an effort to help educate the nation's drivers on the dangers associated with distracted driving during distracted driving awareness month. The tips are designed to reduce the risk of involvement in a car accident and include: - Center. Center or focus attention on driving. It may be the most obvious tip, but it is easy to forget. Instead of trying to multitask while driving from point A to point B, pay attention to the task at hand. Watch ...

Pittsburgh area motorcycle crashes draw attention to safety issues

2014-04-08

A number of serious motorcycle accidents have made headlines in and around the Pittsburgh area recently, emphasizing the importance of motorcycle safety in Pennsylvania. On March 18, 2014, a South Fork woman was sentenced to prison for up to seven years, and ordered to pay more than $250,000 in restitution for her role in a crash that paralyzed a 42-year-old motorcyclist in Adams Township last year. Police say the driver was impaired by methadone and Xanax when she struck the motorcyclist with her vehicle last May. The day after that sentence was handed down, a Monroeville ...

Married gay couples in Michigan can file joint bankruptcy, taxes

2014-04-08

Same-sex marriage in Michigan has been a matter of national interest following a series of events that left nearly 300 gay and lesbian couples in a state of matrimonial limbo. The U.S. government announced recently that it will recognize those marriages for purposes of federal law even if the Michigan government does not recognize them at the state level. This means that same-sex married couples in Michigan have access to federal marriage benefits, including the option of filing jointly for federal taxes and bankruptcy. New U.S. policy interprets gay marriage rights ...

Oregon medical marijuana dispensary program approves first applications

2014-04-08

Last year, Oregon Governor John Kitzhaber signed into law a medical marijuana "dispensary bill." Prior to the legislation, those with Oregon Medical Marijuana Patient cards had no legal option to obtain marijuana other than to grow it themselves. And those who sold medical marijuana opened themselves to possible Oregon drug distribution charges. The legislation gave the Oregon Health Authority until March 2014 to set up a registration system for stores that sell medical marijuana. The OHA was also tasked with creating rules for security and marijuana testing. Some ...

Safety and technology: New app designed to reduce risk of bike accidents

2014-04-08

A recent article in The Boston Globe touched on new technological advances that could translate to a decreased risk of bicycle accidents. The advances were designed by engineering students at Northeastern University and replicate some of the safety measures becoming more standard in cars - namely, the ability to warn a biker that a crash is imminent. In response to a potential crash, the bicycle's handlebars would vibrate warning the cyclist to avoid danger. More on tech advances and bikes The project is officially called the Interactive Bicyclist Accident Prevention ...

Teens, dangerous driving practices and Florida law

2014-04-08

Teens are smart enough to know the danger of drinking and driving, but naive enough to choose to take the risk according to an article recently published in Forbes. The conclusion was based on research compiled and reviewed by Liberty Mutual Insurance. The study focused on teens making dangerous decisions while driving, like driving while under the influence of alcohol or texting while behind the wheel. Such decisions are dangerous, since both are connected to a higher risk of involvement in a car accident. More on the study The Insurance giant teamed up with Students ...

Obama calls for deportations to be handled more humanely

2014-04-08

President Obama has issued a call for deportations to be handled more humanely in the United States, according to a recent statement from the White House. The President has ordered a system-wide review of the methods used by the Department of Homeland Security to enforce the nation's immigration laws, saying that too many families are subjected to the pain of separation due to the nation's "broken immigration system." In recent months, Obama has come under increasing pressure from immigrant rights advocates to stop deportations until comprehensive immigration reforms ...

Changes may be in store for New Jersey DWI law

2014-04-08

Lawmakers in New Jersey are considering a proposal that could have a substantial impact on people convicted of driving while intoxicated. The bill would expand the New Jersey's ignition interlock program and limit the use of mandatory driver's license suspension for many DWI offenders. Expanding the ignition interlock program If passed into law, the DWI bill would require mandatory interlock use for anyone convicted of DWI in New Jersey -- including first-time offenders. An ignition interlock is an electronic alcohol testing device that attaches to a vehicle's ignition ...

Heroin use increasing in California, experts say

2014-04-08

Both in California and throughout the nation, heroin use has been on the rise recently, marked by higher overdose rates and greater quantities of the drug seized by law enforcement agencies. In Southern California, the increase in heroin use has been especially pronounced among teenagers, NBC Los Angeles reported recently. According to the Substance Abuse and Mental Health Services Administration, first-time heroin use among people between the ages of 12 and 17 has increased by 80 percent in recent years. Fatal heroin overdoses have also spiked dramatically in a relatively ...

Teen driving laws yield mixed results, research shows

2014-04-08

Like other states, North Carolina has adopted laws that place restrictions on teen drivers in an effort to keep them safe while they adapt to the responsibilities of driving. These restrictions, known as graduated licensing laws, have been widely touted in recent years as a way to help keep teens safe from traffic accidents -- the leading cause of death in that age group, according to the Centers for Disease Control and Prevention. However, new research suggests that although these laws are effective at reducing the fatal crash risk for some teens, they may also increase ...

Can the Outsourced Coding Market Accommodate Providers' Growing Demands?

ELSE PRESS RELEASES FROM THIS DATE:

LAST 30 PRESS RELEASES: