As ICD-9 coding now stands, doctors have to pick and choose among 1700 codes to find the right one. This will change in October 2014 when new ICD-10 codes, which will number 150,000, will be introduced. This can be a logistical nightmare among physicians, causing them to hire new staff, and resulting in decreased productivity with lower reimbursement revenues because of the lower payment rates.
Wednesday, March 5, 2014
President
Obama – Concierge Medicine Salesman
"ObamaCare helps the concierge medicine movement. President Obama is the direct care salesman of the
year. ObamaCare will drive people right to our door. "
Josh Umbehr, MD,
Concierge Medicine Practitioner, in
Medinnovation and Health Reform
blog interview
Recently I interviewed Dr. Josh Umbehr, a concierge physician in Wichita, Kansas,
He is one of three physicians in a thriving direct pay practice. The practice is based on the premise that
patients will willingly pay monthly fees for an insurance-free practice for convenient personal
24/7 cell phone access to physicians who
offer unlimited time for a one-on-one relationship with a physicians, same day appointments, free
procedures, biopsies, lesion removals, lab, and other tests, wholesale prices for generic drugs, and reductions of premiums from
health insurers with an overall savings in their health care
expenses.
As part of that interview, Umbehr made the statement that President Obama is concierge medicine’s salesman of the year. Umbehr’s statement rested on his belief that ObamaCare was driving up costs of
premiums and deductibles, causing millions of patients to lose their health plans, and creating uncertainty, anxiety, and confusion among patients about present and
futre access to doctors.
Umbehr expressed great
satisfaction over the fact that he had
not had to code during his 3 ½ years in practice. This and other factors
allowed him and his two partners to have a staff of two registered nurses, one half-time, while
similar traditional practices may
require a staff of 20 or so members.
Coding for 3rd
party payers, either private insurers
or government programs. like Medicare or
Medicaid, drives up costs. Doctors have to hire staff to properly code
to be paid. Their staffs may grow to 5
or 6 just to enter the data for the codes,
to select the right code, to
document the code, and to hassle with the payer about the validity of the code.
As ICD-9 coding now stands, doctors have to pick and choose among 1700 codes to find the right one. This will change in October 2014 when new ICD-10 codes, which will number 150,000, will be introduced. This can be a logistical nightmare among physicians, causing them to hire new staff, and resulting in decreased productivity with lower reimbursement revenues because of the lower payment rates.
According to a 2008 study, the total cost of the ICD-10 implementation
would be $83,290 for a small practice (3 physicians and 2 administrative
staffers), $285,195 for a medium practice (10 providers, 1 professional coder,
and 6 administrative staffers), and $2.7 million for a large practice (100
providers, 10 full-time coding staffers, and 54 medical records staffers). Code costs will be higher in 2014, may require an
electronic health record system to cope with,
and will lead inexorably to higher costs.
The new coding system ,
which President Obama and CMS endorses,
is yet another example why Obama is
a salesperson in disguise for direct concierge care and for physicians
fleeing from government sponsored health plans.
Tweet: ObamaCare,
besides creating higher premiums and deductible,
is backing an complicated new ICD-10
coding system, in the process, driving
doctors into concierge direct pay practices.
Sources
1.
Grace-Marie Turner, “New Rule Creates Avalanche of Time Wasting
Paperwork for Doctors : Is There a Code for That?“ Investors
Business Daily, March 4, 2014.
2.
Stephen Hayes,
“Coding Chaos: another Nightmare for
Doctors, Courtesy of the Federal Government,
The Weekly Standard, March 10,
2014.
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