It appears that physicians, practice managers and medical billers across the country may get the ICD-10 postponement they’ve been asking for.
Marilyn Tavenner, acting Administrator of the Centers for Medicare and Medicaid Services (CMS), reportedly told journalists today that the CMS will “re-examine the timeframe” of the planned 2013 conversion to the ICD-10 code standard.
Since the inception of the modern healthcare industry after WWII, the U.S. has been plagued with a daunting amount of wasteful spending related to healthcare. For the first time, the technology has come of age that truly allows us to change that reality and to take back those wasted healthcare dollars and redeploy them towards real benefits.
These benefits will take the form of better healthcare services, a reduction in annual health insurance premium increases and broader coverage of healthcare benefits for our citizens.
At CareCloud, we are continually building systems to eliminate this administrative waste and enhance healthcare providers’ ability to deliver great care. We have assembled a team of the finest and most passionate technologists and designers. These individuals have come together with a mission to build the most powerful infrastructure ever created for the healthcare system while delivering the best business software applications over that infrastructure.