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As part of an ongoing strategy to meet Meaningful Use requirements and cut costs, a growing number of providers are turning to revenue cycle services, according to a new report from KLAS — Revenue Cycle Services: Which Firms Deliver Big Returns. The study found that ICD-10 preparation and reduced reimbursements are also contributing to the [...]
Most providers have not attested for Meaningful Use Stage 1, frequently citing quality measures and reporting as their biggest challenges. That has them increasingly reaching out to consultants for assistance, according to the KLAS report Rapid Growth of Meaningful Use Consulting: Why Providers Are Reaching Out.. User adoption, software upgrades, and updates also rank high [...]
Providers are voicing a need for outside resources to help them as they launch new HIEs or navigate their inclusion in existing HIEs. However, hospital executives and clinic administrators are struggling to differentiate between the 13 firms offering HIE consulting in this emerging market. That’s the latest finding according to the KLAS Brief HIE Consulting [...]
Epic users are thirsting for strategy, technical, and implementation assistance from consultants, but not all firms are prepared to provide the expertise. That’s according to the recently published KLAS report Navigating the Sea of Epic Consulting Firms. KLAS verified 46 firms doing Epic-related advisory, implementation, and staffing support work — with most receiving A- or [...]
Less than 10 percent of healthcare providers are over halfway there in terms of being fully prepared for ICD-10, according to the KLAS report, ICD-10: Preparing for October 2013. While providers know a lack of preparation could result in a halt to reimbursements and a revenue cycle disaster when ICD-10 comes, KLAS found that most organizations [...]
With a score of 92.7, PricewaterhouseCoopers leads the pack in a new KLAS report on business process outsourcing — Extended Business Office Services: Money Talks. Though noted as being slightly more costly than other firms, PwC’s performance and delivered value were determined to far outweigh the cost, KLAS found. “Clients universally praised the company’s financial [...]
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