HIMSS Virtual Briefing: Minimizing Risk and Exposure during the ICD-10 Conversion
Date: October 12, 2011
Date: October 12, 2011
There is no doubt that the conversion to ICD-10 on October 1, 2013 will impact virtually every aspect of your organization. As a health IT professional, your organization depends on you to ensure that the transition is successful. But do you have the tools, resources, and the knowledge to ensure that your organization’s risks are minimized? Are you ready to report to your Board of Directors that your exposure to the many financial and administrative impacts of this system-wide transformation will be negligible?
This HIMSS ICD-10 Virtual Briefing will provide critical information to assist health IT professionals, ambulatory center leaders, practitioners, project managers, and others in understanding the many facets of risk and exposure to the ICD-10 conversion. By knowing what may go wrong in the conversion process, attendees will be better prepared to focus beyond the theory with the information needed today. But don’t jeopardize your transition efforts…be ready with actionable information today to address the ICD-10 conversion proactively and with confidence.
The 3 part session includes the following:
| Time | Session | ||||
| 9AM-10AM CST | Prepare Your Staff: Planning for the ICD-10 Implementation Medical Coder Shortage | ||||
| Abstract: The implementation of the ICD-10 conversion in your organization is going to affect the daily activities of many of your organization’s employees. No groups of employees are going to be affected more than your medical coders. The potential for risk with the conversion is only increased by the continuing industry-wide shortage of certified medical coders. This session will explore the work force issue, discuss the psychological and demographic profile of medical coders and identify practical ways to minimize work force shortage and its potential risks in light of your organization’s ICD-10 conversion.
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| 11AM-Noon CST | Engage Your Bottom Line: Understanding the Financial Implications of ICD-10 | ||||
| Abstract: The conversion to ICD-10 is going to have wide ranging financial implications on all types of healthcare provider organizations, health systems large and small, ambulatory facilities like physician practices, and more. Your organization needs to be prepared to effectively incorporate your ICD-10 implementation into your budgeting process, understand how it is going to affect your cash reserves, identify worst case scenarios and explore how to avoid them. This session will provide you with an overview of the financial implications for the ICD-10 conversion, tools and resources to assist you in your budgeting process, and identify best practices to ensure a smooth transition for not only your staff, but your bottom line as well.
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| 1PM-2PM CST | Educate Your Providers: Mitigating Risk of Fraud, Waste and Abuse through Effective Training | ||||
| Abstract: Fraud, waste, and abuse. Sometimes unintentional, sometimes not, these are risks your organization faces whenever a claim is submitted for payment. What are the implications of these risks for your organization and how does the ICD-10 conversion apply to those risks? This session will explore the implications of fraud, waste and abuse on your organization, discuss the role of CMS’s RAC audits in the effort to challenge overpayments, and provide a wide range of practical strategies to effectively assist providers in avoiding these potential risks.
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Kenn Beckwith
Kimberly Reid, CPC, CPMA, CEMC, CPC-I
Denise Hall, RN
June St. John 
Bill Fox, JD, MA
