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HighPoint Solutions Launches One-of-a-Kind Master Data Solution for ICD-10 Remediation
Informatica MDM serves as backbone for healthcare compliance solution
KING OF PRUSSIA, Pa., Nov. 8, 2010 /PRNewswire/ -- HighPoint Solutions, a premier management and information technology consulting firm, today announced the launch of the ICD-10 Appliance, a master data solution that helps healthcare payers, hospitals, and healthcare systems implement and comply with ICD-10. The ICD-10 Appliance employs master data management principles and tools to create a "single version of the truth" for ICD-9/ICD-10 codes, mappings, translations, and business rules that can be utilized by all applications.
The ICD-10 Appliance was deployed on top of the Informatica Master Data Management (MDM) Hub, a single platform approach to multi-domain MDM and an ideal platform for providing a centralized hub for ICD-10/ICD-9 codes, mappings, and translations. The ICD-10 Appliance, serving as a centralized point for disease and procedure master data, is pre-populated with ICD-9 and ICD-10 codes (CM and PCS) and CMS-provided General Equivalent Mapping Specifications (GEMS) and Reimbursement mappings
"Chaos will ensue if payers and providers implement separate, vendor-specific, mappings and rules for each application. The key is to utilize a master data solution to create a single source for ICD-10 and ICD-9 codes, mappings and translations that can be applied uniformly to all applications," said John Wollman, executive vice president of Healthcare.
The appliance addresses key challenges confronting healthcare organizations' remediation initiatives:
-- Most payers and providers procure core systems from independent software
vendors and are looking to these vendors to remediate core systems.
However, each vendor will take a different approach, potentially
impacting all downstream systems and business processes.
-- CMS has provided base mappings (in the form of GEMS and Reimbursement
maps). However, these mappings are far from "one to one" and leave a
significant number of decisions for each organization to make. For
example, GEMS ICD-10 to ICD-9 mappings have only 4.89% exact matches for
CM and only .09% exact matches for PCS. Organizations therefore need a
solution that allows them to define overrides and exceptions to the
standard mappings for specific trading partners and business functions,
which cannot be done or tracked with simple cross-walks.
-- ICD-9 will live on for quite some time and historical clinical and
operational data is encoded in ICD-9. Obtaining meaningful trends and
analytics poses a significant hurdle when firms must reconcile
historical ICD-9 data, recent data in both ICD-9 and ICD-10, and future
ICD-10 data.
-- ICD-10 remediation is coming after most companies finish remediating
systems for HIPAA 5010 and will coincide with remediation activities for
healthcare reform. It is likely that for most payers and providers,
time and cost pressures will make full remediation impossible. Some
portion of the systems will need to support conversion between ICD-10
and ICD-9.
"Mapping between ICD-9 and ICD-10 is not a technical problem. It is instead a problem that will impact both clinical and business operations for both payers and providers," said Shekhar Iyer, senior vice president, Healthcare and Public Sector, Informatica. "Providing different translations for various business uses and governing and auditing these decisions automatically are critical to the successful transition to ICD-10. These requirements are tailor-made for Informatica's MDM platform and we think that will become apparent with the ICD-10 Appliance."
The ICD-10 Appliance delivers several key benefits. It enables selective remediation without sacrificing compliance or analytic excellence. It applies business rules uniformly across all processes and applications. The Appliance facilitates consistency in approach and rules when major commercial off-the-shelf applications are sourced from multiple vendors and integrated with internally-developed applications. While the Appliance supports standard mappings, it also permits overrides or extensions based on customer, business process, or function. Finally, it can be easily updated with future changes in mappings or additional value-added mappings.
While the HighPoint ICD-10 Appliance is not a panacea, it will ease the transition to ICD-10 compliance and entail less work than upgrading each application individually. "The deadline for compliance may seem distant, but with diagnosis and procedures codes in virtually every aspect of business operations, payers and providers are running short on time," said Wollman. "The Appliance gives you more time to determine the ROI of remediation by allowing you to gather data and build a knowledge base over time that enables you to make more informed decisions."
To learn more:
-- Join our upcoming webinar on December 7th - Why You Need to Take a
Master Data Approach to an ICD-10 Implementation with special guest
Gregory Barnowsky, Chief Architect of Enterprise Architecture,
Independence Blue Cross (IBC). (Link to:
http://vip.informatica.com/?elqPURLPage64)
-- Download our data sheet: ICD-10 Appliance: A Master Data Solution for
ICD-10 Compliance (Link to:
http://highpoint-solutions.com/documents/whitepapers/ICD-10_Appliance-10
-26-10.pdf)
About HighPoint Solutions
HighPoint Solutions is a premier provider of specialized IT services with vertically-focused business consulting, system integration, professional service, and managed hosting solutions for life sciences and healthcare companies. Since 2000, our 350 consultants have provided business consulting and technology solutions that continue to deliver business value and competitive advantage to over 140 clients nationwide.
HighPoint Solutions is headquartered in King of Prussia, PA with additional offices in New Jersey, Chicago, and California. For more information, visit http://www.highpoint-solutions.com.
Contact:
Judith Eckles
Sagefrog Marketing
(484) 684-6717
judithe@sagefrog.com
SOURCE HighPoint Solutions
HighPoint Solutions
CONTACT: Judith Eckles, Sagefrog Marketing, +1-484-684-6717, judithe@sagefrog.com
Web Site: http://www.highpoint-solutions.com
HighPoint Solutions Launches One-of-a-Kind Master Data Solution for ICD-10 Remediation
Informatica MDM serves as backbone for healthcare compliance solution
KING OF PRUSSIA, Pa., Nov. 8, 2010 /PRNewswire/ -- HighPoint Solutions, a premier management and information technology consulting firm, today announced the launch of the ICD-10 Appliance, a master data solution that helps healthcare payers, hospitals, and healthcare systems implement and comply with ICD-10. The ICD-10 Appliance employs master data management principles and tools to create a "single version of the truth" for ICD-9/ICD-10 codes, mappings, translations, and business rules that can be utilized by all applications.
The ICD-10 Appliance was deployed on top of the Informatica Master Data Management (MDM) Hub, a single platform approach to multi-domain MDM and an ideal platform for providing a centralized hub for ICD-10/ICD-9 codes, mappings, and translations. The ICD-10 Appliance, serving as a centralized point for disease and procedure master data, is pre-populated with ICD-9 and ICD-10 codes (CM and PCS) and CMS-provided General Equivalent Mapping Specifications (GEMS) and Reimbursement mappings
"Chaos will ensue if payers and providers implement separate, vendor-specific, mappings and rules for each application. The key is to utilize a master data solution to create a single source for ICD-10 and ICD-9 codes, mappings and translations that can be applied uniformly to all applications," said John Wollman, executive vice president of Healthcare.
The appliance addresses key challenges confronting healthcare organizations' remediation initiatives:
-- Most payers and providers procure core systems from independent software
vendors and are looking to these vendors to remediate core systems.
However, each vendor will take a different approach, potentially
impacting all downstream systems and business processes.
-- CMS has provided base mappings (in the form of GEMS and Reimbursement
maps). However, these mappings are far from "one to one" and leave a
significant number of decisions for each organization to make. For
example, GEMS ICD-10 to ICD-9 mappings have only 4.89% exact matches for
CM and only .09% exact matches for PCS. Organizations therefore need a
solution that allows them to define overrides and exceptions to the
standard mappings for specific trading partners and business functions,
which cannot be done or tracked with simple cross-walks.
-- ICD-9 will live on for quite some time and historical clinical and
operational data is encoded in ICD-9. Obtaining meaningful trends and
analytics poses a significant hurdle when firms must reconcile
historical ICD-9 data, recent data in both ICD-9 and ICD-10, and future
ICD-10 data.
-- ICD-10 remediation is coming after most companies finish remediating
systems for HIPAA 5010 and will coincide with remediation activities for
healthcare reform. It is likely that for most payers and providers,
time and cost pressures will make full remediation impossible. Some
portion of the systems will need to support conversion between ICD-10
and ICD-9.
"Mapping between ICD-9 and ICD-10 is not a technical problem. It is instead a problem that will impact both clinical and business operations for both payers and providers," said Shekhar Iyer, senior vice president, Healthcare and Public Sector, Informatica. "Providing different translations for various business uses and governing and auditing these decisions automatically are critical to the successful transition to ICD-10. These requirements are tailor-made for Informatica's MDM platform and we think that will become apparent with the ICD-10 Appliance."
The ICD-10 Appliance delivers several key benefits. It enables selective remediation without sacrificing compliance or analytic excellence. It applies business rules uniformly across all processes and applications. The Appliance facilitates consistency in approach and rules when major commercial off-the-shelf applications are sourced from multiple vendors and integrated with internally-developed applications. While the Appliance supports standard mappings, it also permits overrides or extensions based on customer, business process, or function. Finally, it can be easily updated with future changes in mappings or additional value-added mappings.
While the HighPoint ICD-10 Appliance is not a panacea, it will ease the transition to ICD-10 compliance and entail less work than upgrading each application individually. "The deadline for compliance may seem distant, but with diagnosis and procedures codes in virtually every aspect of business operations, payers and providers are running short on time," said Wollman. "The Appliance gives you more time to determine the ROI of remediation by allowing you to gather data and build a knowledge base over time that enables you to make more informed decisions."
To learn more:
-- Join our upcoming webinar on December 7th - Why You Need to Take a
Master Data Approach to an ICD-10 Implementation with special guest
Gregory Barnowsky, Chief Architect of Enterprise Architecture,
Independence Blue Cross (IBC). (Link to:
http://vip.informatica.com/?elqPURLPage64)
-- Download our data sheet: ICD-10 Appliance: A Master Data Solution for
ICD-10 Compliance (Link to:
http://highpoint-solutions.com/documents/whitepapers/ICD-10_Appliance-10
-26-10.pdf)
About HighPoint Solutions
HighPoint Solutions is a premier provider of specialized IT services with vertically-focused business consulting, system integration, professional service, and managed hosting solutions for life sciences and healthcare companies. Since 2000, our 350 consultants have provided business consulting and technology solutions that continue to deliver business value and competitive advantage to over 140 clients nationwide.
HighPoint Solutions is headquartered in King of Prussia, PA with additional offices in New Jersey, Chicago, and California. For more information, visit http://www.highpoint-solutions.com.
Contact:
Judith Eckles
Sagefrog Marketing
(484) 684-6717
judithe@sagefrog.com
SOURCE HighPoint Solutions
HighPoint Solutions
CONTACT: Judith Eckles, Sagefrog Marketing, +1-484-684-6717, judithe@sagefrog.com
Web Site: http://www.highpoint-solutions.com