Tag: Precyse

Performance Management Company also offers the only HFMA Peer Reviewed HIM Technology and Services Suite
Wayne, PA and Alpharetta, GA Jun 23, 2014 — Precyse, a leader in health information management (HIM) technology and services, is driving health information performance at the Healthcare Financial Management Association’s Annual National Institute (HFMA ANI), June 22-26 at the Sands Expo Center in Las Vegas, Booth #736.
On Wednesday, June 26, Teresa Michael, RHIT, Director of Health Information Management, Sarasota Memorial Health Care System and Mark Hendricks, RHIA, Commercial General Manager and Vice President, Precyse will present, “Advancing Clinical Documentation Quality and Accuracy While Preparing for ICD-10.” This presentation will outline how Sarasota Memorial Health Care System made a substantial impact on their bottom line by implementing a comprehensive clinical documentation improvement (CDI) program. Hendricks’ and Michael’s presentation will take place 7:00-7:50 a.m.
In Precyse booth #736, industry experts will be available to discuss the only HFMA Peer Reviewed HIM Technology and Services Suite. The Precyse portfolio includes precyseCode and precyseCDI, the only single, integrated platform enabling both inpatient and outpatient computer assisted coding and clinical documentation improvement (CDI). The Cloud-based platform incorporates state-of-art Natural Language Processing (NLP) for embedded intelligence and supports multiple HIM roles within an organization. In a KLAS report titled “Computer-Assisted Coding: A Glimpse at the Future of HIM Technology,” Precyse was “praised for [its] strong technology and…received the highest scores of providers” perception that their solution will meet their needs.”i
KLAS has also recognized Precyse University, the most innovative and complete on-site, online and mobile healthcare education solution that is revolutionizing the way that 1.6 million healthcare professionals learn, in the recent KLAS report, “ICD-10 Consulting Services: Who Can Help in the Eleventh Hour.”ii
“Precyse continues to drive performance management by delivering products and services that optimize financial opportunity by positively impacting clinical documentation and quality,” said Chris Powell, CEO, Precyse. “Appropriate clinical documentation leads to appropriate reimbursement for care. Our combination of technology and services helps organizations drive internal performance and maximize value.”
The Precyse HFMA Peer Reviewed HIM Technology and Services Suite includes HIM sourcing, interim management and consulting, coding, CDI, auditing, cancer registry, Best in KLAS Transcription, plus ICD-10 education.

Precyse University, delivered exclusively through HealthStream, received very high satisfaction scores from clients for eLearning averaging 4.8 out of 5.0
Wayne, PA and Alpharetta, GA May 27, 2014 — Precyse, an industry leader in Health Information Management (HIM) Performance Management services and technologies, and HealthStream (NASDAQ: HSTM), a leader in workforce development for healthcare organizations, are pleased to announce that Precyse University ICD-10 education solution received very high overall and eLearning scores in a recent ICD-10 Consulting report authored by KLAS, titled “ICD-10 Consulting Services: Who can help in the eleventh hour?”. Precyse was rated as a component vendor in this report for its Precyse University solution. An overall performance rating of 93 out of 100 was reported, along with a client satisfaction average of 4.8 out of 5.0 for the Precyse University solution for ICD-10 education. The report states that “Of the firms included in this research, Precyse is by far the most frequently used for eLearning.”
Available exclusively through HealthStream, Precyse University is designed to prepare coders, physicians, nurses, case managers, administrative staff, and all others impacted by the transition to ICD-10. For this research, KLAS interviewed healthcare providers that have recently or are currently using services from a third-party firm to help them prepare for the switch from ICD-9 to ICD-10. At this time, Precyse University is used by approximately 1.6 million learners in healthcare organizations — where a sample were interviewed by KLAS for their report. The overall score (which was 93 out of 100 for Precyse University) is further broken down into several subsections by KLAS. Of these subsections, Precyse University scored 100% in three categories: “Would purchase again,” “keeps promises,” and “avoids charging for every little thing.”
The comments and outcomes of this report further reinforce that the healthcare industry has spent considerable time and resources ensuring preparedness for the original October 1, 2014 deadline that has now been changed to a date that will be, according to the Protecting Access to Medicare Act of 2014, “not before October 2015.”
One client stated in the report “Precyse’s eLearning is very comprehensive and well thought out. We have yet to go to Precyse with something that was lacking where a solution didn’t already exist, wasn’t in planning, or wasn’t something they were willing to do for us. Precyse gets started right away and works on anything that hasn’t been developed. They have just been outstanding on all fronts in terms of what they promised and fixing any gaps. They are very quick to deliver.”
“I am thrilled that our clients have given Precyse University such an excellent review in the ICD-10 Consulting report. Across the board, Precyse University earned high scores that show we work very hard to ensure clients are receiving the products, service, and support they need” said Chris Powell, CEO of Precyse. “With the ICD-10 implementation date now delayed, providers can utilize this time to ensure all impacted populations are educated and prepared for the switch.”

Technological enhancements make medical coding faster and easier than ever
Wayne, PA and Alpharetta, GA May 21, 2014 — Precyse University, the most innovative, complete and widely adopted on-site, online and mobile ICD-10 education solution, announces the availability of a new version of its ICD-10 Virtual Code Book mobile education application. ICD-10 Virtual Code Book allows users to enter clinical terms and/or disease/condition names to search for correct and specific ICD-10-CM codes without the use of a code book or encoder. Users can enter additional clinical words and modifiers to refine searches and drive to a more specific code, especially for conditions offering hundreds of code choices. The app also offers specific ICD-10 documentation tips for many of the conditions listed, allowing users to ensure the required documentation is included with the code choice.
Enhancements included in the new Version 3 of ICD-10 Virtual Code Book are:
• Enhanced voice recognition
• Recognition of nearly 700 abbreviations in medical shorthand
• Optimization for the latest versions of mobile operating systems that make the app faster, more responsive and even easier to use
“Precyse is constantly searching for ways to better serve our clients as they prepare for ICD-10, and regular enhancements to our educational mobile applications is one of the ways that we do that,” said Thomas Ormondroyd, Vice President and General Manager of Precyse Learning Solutions. “Our mobile apps make learning available wherever and whenever our clients and their employees need it, and the enhancements we’ve made to our ICD-10 Virtual Code Book are just another example of this effort.”
The new ICD-10 Virtual Code Book is getting rave reviews from users on the app store. “This app is priceless,” stated one user. “It’s the best investment I have ever made – a must if you are a coder in a doctor’s office. I will get so much use out of this app. I work in a doctor’s office doing the coding and front-end billing. One of our doctors is using it already … I absolutely love this app.”
Other popular mobile learning apps offered by Precyse University include:
– ICD-10 Doc Guide – Provides documentation tips and strategies to document the medical record with the specificity required for ICD-10.
– ICD-10 Doc Talk – Allows users to listen to specialty-specific audio webinars that provide an overview of the impact ICD-10 will have on each specialty.
– ICD-10 Flash Cards – Offers more than 25 decks and more than 1,000 individual flash cards that allow users to practice and test their knowledge and memory of ICD-10 concepts, terms, definitions and guidelines that will be required for ICD-10 mastery.
– Precyse University Pharma Flash Cards – Allows users to test their knowledge of pharmacological terms, drugs and medications by brand name, generic name and body system.
Precyse University is the most innovative and widely adopted on-site, online and mobile healthcare ICD-10 education solution used by approximately 1.6 million learners in healthcare organizations

Powell Succeeds CEO/Founder Jeffrey Levitt, who Transitions to Executive Chairman
Wayne, PA and Alpharetta, GA Apr 15, 2014 — Precyse, an industry leader in Health Information Management (HIM) Performance Management and Technology, today announced that effective April 1, 2014, Christopher A. Powell, Precyse’s President since May 2011, was promoted to Chief Executive Officer and elected to the Board of Directors, succeeding company founder, Jeffrey S. Levitt, who will assume the role of Executive Chairman of Precyse’s Board of Directors and remain with the company.
“We began this transition process six months ago, as part of our management succession program. We are fortunate to have someone of Chris’ caliber and experience to lead Precyse in its mission to transform clinical documentation in healthcare with solutions that will make caregivers and healthcare provider organizations more efficient and effective in today’s challenging environment,” said Executive Chairman, Jeffrey Levitt. “The board and I are confident in Chris’ ability to expand Precyse’s mindshare and footprint in our target markets.”
“It has been a privilege to work with Jeff and our board over the past three years to help establish Precyse as a nationally recognized leader in our field. Jeff and I have worked side by side to transform the company from a services-based HIM industry leader to an HIM solutions company with a solid foundation for growth and continued innovation. I am honored to carry the torch as Precyse executes its strategic vision to deliver customer and shareholder value,” said Chris Powell, CEO of Precyse. “I am also delighted that the Company will retain Jeff’s industry and business insights as he transitions to his new role of executive chairman.”

One of the nation’s largest health care information networks offers providers comprehensive ICD-10 training
Wayne, PA and Alpharetta, GA Apr 9, 2014 — Availity, one of the nation’s largest health care information networks, has partnered with Precyse/HealthStream to offer its clients a powerful and unique ICD-10 education program for the physician office/ambulatory market. Precyse and HealthStream have teamed together to offer a unique and comprehensive ICD-10 education solution that is delivered exclusively through HealthStream’s workforce development platform. Availity’s physician office/ambulatory facility customers will join the more than 1.2 million learners already using the Precyse University ICD-10 solution powered by HealthStream’s workforce development platform, which includes:
• A single solution for all ICD-10 education needs within a practice or clinic;
• Diversified education providing each impacted population with the specific tools and trainingneeded to be successful in ICD-10;
• Myriad of advanced courseware, applications and tools to make education more practical,accessible and relevant to physicians’ concerns, needs and time constraints; and
• Exclusive access to Precyse University’s expansive, one-of-a-kind ICD-10 education program.
“Now more than ever, it is critical to stay vigilant and continue to focus on training and developing coders, CDI specialists and others who will use the data and convert it into meaningful information,” said Jeff Chester, senior vice president and chief revenue for Availity. “We see Precyse University as a way to ease the training burden on our providers and shorten the learning curve as they move from ICD-9 to ICD-10,” said Chester.
Precyse and HealthStream have partnered to offer a one-stop solution for all of the ICD-10 education needs within physician practices, clinics, and other ambulatory settings. With Precyse’s innovative ICD-10 education programs and HealthStream’s market leading platform for workforce development, healthcare providers have made the ICD-10 solution from Precyse and HealthStream the healthcare industry’s top choice.
“The Precyse University ICD-10 Physician Office Solution is built to fully prepare physicians and all members of their offices and/or clinics for ICD-10,” explains Chris Powell, president of Precyse. “In this challenging time, it is critical to stay vigilant and continue to focus on training and developing physicians and others who will use the data and convert it into meaningful information.”
Unlike its competitors, the Precyse University solution is fully built and tested with more than 200 courses, applications and tools specifically for physicians’ needs. In addition, most courses are mobile-ready for use on a computer, iPad® or mobile device to make education available anywhere and at any time. Innovative tools and resources such as video games, labs, simulators and animations are available as well.

Dr. Donald Bialek to lend valuable insights to leading HIM services and technology company
Wayne, PA and Alpharetta, GA Apr 7, 2014 — Precyse, an industry leader in Health Information Management (HIM) Performance Management and Technology, has announced that Donald Bialek, MD, has joined the Precyse Advisory Council (PAC). Dr. Bialek brings extensive expertise in clinical medicine, senior operating and management roles in many organizations, as well as deep consulting experience. With his industry knowledge and over 25 years of experience, Dr. Bialek is poised to advise Precyse as it works to simplify its clients’ everyday challenges by providing holistic services and technologies that transform clinical data directly into actionable information.
The PAC functions as a source of high-level input and advice on the strategic positioning and expansion of Precyse’s service and technology offerings. The PAC, with its extensive industry experience and network, helps Precyse engage its clients and new opportunities in solving their ever increasingly complex business challenges
“We are excited to welcome Don to our Advisory Council,” said Precyse Board Member Alan Weinstein, who is Chairman of the PAC. “As a seasoned expert in the healthcare field, he has been instrumental in bringing clinical and operational perspective to his work in quality, physician engagement, clinical operations and informatics. We look forward to the valuable insights and perspectives he will bring to Precyse that will enhance peer-to-peer communication and clinical documentation”
Dr. Bialek received his clinical training in pediatrics and anesthesia in the Harvard programs at Boston Children’s Hospital and Massachusetts General Hospital. Later in his career, Dr. Bialek returned to Harvard and added a specialty in medical informatics as a graduate student and Fellow in the combined Harvard-MIT Medical Informatics program. After graduating from this program, he taught at Harvard and worked within its medical institutions as an applied medical informatician.
Dr. Bialek continued his consulting career working as a subject matter expert in the Global Health Solutions practice at CSC, Managing Director at Huron Consulting Group, senior executive physician consultant at Dearborn Advisors, and a Partner at PCD Partners, before being named to his current role as Chief Medical Officer for Galloway Consulting.

Precyse advises clients to use this time to focus on CDI, training and process improvement
Wayne, PA and Alpharetta, GA Apr 1, 2014 — Yesterday, Congress passed the Sustainable Growth Rate (SGR) Bill that extends the proposed physician rate reduction for one year, but which also includes language that delays the compliance deadline for converting to the ICD-10 system of diagnostic and procedural coding from October 1, 2014, to not before October 1, 2015. President Obama is expected to sign the bill today.
“Like everyone in the industry, Precyse has been closely watching the developments related to the SGR Bill and its effect on the transition to ICD-10. We are disappointed with the vote as our clients have spent considerable time and resources ensuring preparedness for October 1, 2014” said Chris Powell, president of Precyse. “However, this change to the legislation cannot deter us from our goals to improve the overall level of clinical documentation that will in turn improve the quality of the data that will drive the delivery of the best health care in the world.” Consistent with our advice the last time we experienced a delay in ICD-10 implementation, we believe there is still no time to procrastinate. Providers should use this delay to continue staff education efforts, improve their clinical documentation processes and build a strong foundation for process improvement and downstream strategic initiatives embarked upon under the Affordable Care Act.
ICD-10 will provide clinical and financial benefits to help us drive better clarity about the care that is being delivered. It is critical to stay vigilant and continue to focus on training and developing coders, CDI specialists and others who will use the data and convert it into meaningful information. ICD-10 is a measure of quality. Hospitals and physicians aspire to offer world-class care. Precyse will do our part by accurately capturing, organizing and tagging the clinical data that leads to that outcome. Precyse has not stopped preparing for the implementation of the new coding rules and stands ready to support and meet the needs of our nearly 5,000 clients, many of whom already rely on our management, staffing and technology solutions, through our training and implementation process. Because Precyse not only supports, but also operates entire HIM and coding departments for some of our clients, we recommend three key areas of focus throughout the next 18 months.
Documentation
Providers should increase clinical documentation training programs for physicians and other caregivers. This includes developing processes, guidance and support for improved clinical documentation under ICD-9 to be better prepared for ICD-10. Improved documentation skills – even minor changes such as more specificity in notes – create obvious financial and non-financial rewards: fewer claims denials, reduced audit exposure, improved case mix index and improved cash flows. Most importantly, patient care is improved when downstream clinicians can review and rely upon more complete chart notes, and better data is available for analytics and comparative studies. It is essential to target high-volume specialties within each organization most impacted by ICD-10 and train these specialists in proper documentation while training the coding team on the new coding system, then move to the next specialty for training.
Build a Strong Foundation for Process Improvement
Providers should assess the flow of information across its organization and develop a plan to address gaps through process improvement and technology. Invest in automated systems that streamline the entire clinical documentation process. ICD-10 will not be just about retraining medical coders – it is about having better data about patients and their treatments, affording vast opportunities for improvement in data capture and processing. This leads to a more complete and useful set of codes, which is crucial in a fully automated electronic medical record environment. Today, inefficient, labor-intensive workflows abound, whether involving clinical information inputs such as dictation and transcription; approvals, coding, physician queries and other myriad facets involved in billing for services; or abstracting and analyzing quality indicators to improve patient care. We also recognize the promise of new innovations such as automated speech recognition, Computer Assisted Coding using Natural Language Processing (NLP) and clinical decision support tools – but know that realizing their full promise tomorrow requires that we improve how current users interact with and use their systems today. As a member of the healthcare information management/information technology community, we must use our skills to innovate for clinicians. We must develop workflow platforms and applications that allow healthcare providers to do their jobs more efficiently and effectively. We do not want to add more time and complexity to an already challenging process.
Training and Development
Continue to invest in the training of coders, auditors and those who will use the data. Improve the basic skills of your coders and auditors in ICD-9 areas that will also be required in ICD-10. The transition to ICD-10 has pushed healthcare to appropriately invest in training our coders as skilled knowledge workers. As part of our own ICD-10 preparations, Precyse assessed the coding skills of the hundreds of coders and auditors on our staff to evaluate their ICD-10 readiness. Precyse invested in and developed a comprehensive and multifaceted online training program called Precyse University, while developing individual training plans for every coder. This investment has paid off for Precyse clients handsomely, yielding a better case mix index for hospitals, improving coding compliance audit results, increasing coder retention and attracting new coder recruits who are eager to develop and perfect their skills. We recommend that you perform side-by-side dual coding in ICD-9 and ICD-10, assessing the documentation and coding gaps, and target training based on these findings.
At Precyse, our vision is a world in which meaningful information is available, whenever and wherever needed, and helps save time, money and lives. We are an innovation company that listens carefully to our clients and prospects; every day we challenge ourselves to come back to these clients with solutions that ensure a healthy organization to promote a healthy population. We pledge to our clients and prospects that we will never stop innovating in the midst of very challenging times.

Wayne, PA and Alpharetta, GA Mar 26, 2014 — Precyse University, the most innovative, complete and widely adopted on-site, online and mobile ICD-10 education solution, available exclusively through HealthStream, today announced a partnership with athenahealth, Inc. as part of athenahealth’s More Disruption Please (MDP) program. Together, the companies will work to link athenahealth’s growing network of more than 50,000 health care providers with the capabilities of Precyse University so they can more efficiently prepare their staffs for the transition to ICD-10 in October 2014. The Precyse/HealthStream solution for ICD-10 education is now used by approximately 1.2 million learners in health care organizations.
“Precyse University delivers a powerful tool for physician practices,” said Thomas Ormondroyd, Vice President and General Manager of Precyse Learning Solutions. “Although ICD-10 seems daunting and burdensome, it actually offers tremendous opportunity to optimize reimbursement, minimize denials and appeals and improve clinical care through more valuable and detailed data. Our solutions are designed to ease the change to ICD-10 and have physicians and their staffs ready for its arrival.”
athenahealth is a cloud-based services company on a mission to build an information backbone to help make health care work as it should. Through the MDP program, athenahealth is accelerating the introduction of high-value innovation via the cloud, providing new services to help providers thrive in the face of industry change and pressure. MDP partners with innovators, entrepreneurs, companies, investors, and individuals—those who are passionate about overthrowing established approaches in health care that simply aren’t working, aren’t good enough, or aren’t advancing the industry. Unlike other health care startup incubators, MDP invites qualified companies like Precyse to gain access to the more than 50,000 providers that are already plugged into athenahealth’s cloud-based network.

HIP Week Set for March 16‒22, 2014
Wayne, PA and Alpharetta, GA Mar 20, 2014 — Precyse, a leader in health information management (HIM) Performance Management and Technology, joins the American Health Information Management Association (AHIMA) in honoring and celebrating health information professionals during the 25th annual Health Information Professionals (HIP) Week, March 16‒22, 2014. This year’s theme is “Transforming Healthcare with Information.”
“The work health information management (HIM) professionals do to ensure the integrity of health information is imperative to clinical and administrative decision making. Access to accurate information helps all of us make important decisions and leads to a healthy society,” said AHIMA CEO Lynne Thomas Gordon, MBA, RHIA, CAE, FACHE, FAHIMA. “AHIMA’s Health Information Professionals Week spotlights the important role HIM professionals play in our healthcare system.”
HIP Week 2014 will coincide with AHIMA’s Hill Day, an event where AHIMA members visit Capitol Hill and share the importance of advancing HIM. Information governance, privacy and security, and fraud and abuse concerns continue to be key issues for HIM professionals, and AHIMA is ready to provide guidance to the healthcare industry and government leaders seeking counsel.
Precyse is proud to continue its support in this effort and in the progression of healthcare information services and technology as a Diamond Corporate Partner with the American Health Information Management Association (AHIMA), whose main mission is to advance the HIM profession through educational programs, research, and funding for grants and scholarships for the next generation of Health Information Management (HIM) leaders.
“Our participation in Health Information Professionals Week, underscores our commitment to ensuring a healthy organization to promote a healthy population,” said Pamela Goans, SVP and Chief Client Officer, Precyse. “Today more than ever, the role of technology in healthcare information is vital. By working together, Precyse’s people, processes and technology create solutions that drive healthcare actions that help providers capture, organize and better utilize their structured and unstructured data, improve financial performance, maintain regulatory compliance and ultimately deliver better patient care.”
“AHIMA’s vision is a world in which healthcare decisions are informed by instant access to intelligence,” said Thomas Gordon. “In this vision, data is a critical asset. This year’s theme, ‘Transforming Healthcare with Information,’ describes the future we want to see and reminds us that HIM professionals’ work is supporting quality of care and population health today.”
As the focus in healthcare shifts from the ability to collect data to using information effectively, healthcare organizations will continue to depend on HIM professionals as leaders in this area. With their expertise in management of information, as well as data integrity and analytics, health information professionals are well positioned to move the healthcare industry into a transformed future.

Premier health information connectivity and management solutions company offers providers comprehensive ICD-10 training
Wayne, PA and Alpharetta, GA Mar 13, 2014 — Zirmed®, a leading health information connectivity and management solutions company, has partnered with Precyse/HealthStream to offer its clients a powerful and unique ICD-10 education program for the physician office/ambulatory market. Precyse and HealthStream have teamed together to offer a unique and comprehensive ICD-10 education solution that is delivered exclusively through HealthStream’s workforce development platform. ZirMed’s more than 195,000 providers at over 25,000 locations will be offered access to the following revolutionary benefits and features of the Precyse University Physician Office ICD-10 Education Solution:
• A single solution for all ICD-10 education needs within a practice or clinic;
• Diversified education providing each impacted population with the specific tools and training needed to be successful in ICD-10;
• Myriad of advanced courseware, applications and tools to make education more practical, accessible and relevant to physicians’ concerns, needs and time constraints; and
• Exclusive access to Precyse University’s expansive, one-of-a-kind ICD-10 education program.
“With the ICD-10 transition just months away, we’ve heard that many providers are still concerned about being prepared to make the switch,” said Betty Gomez, director of regulatory strategy, ZirMed. “Through our partnership with Precyse/HealthStream, our clients will receive a comprehensive solution for successful migration to ICD-10 in their coding and clinical care workflows while realizing the benefits of sustained reimbursement levels, improved outcome indicators and fewer claims denials.”
Precyse and HealthStream have partnered to offer a one-stop solution for all of the ICD-10 education needs within physician practices, clinics, and other ambulatory settings. With Precyse’s innovative ICD-10 education programs and HealthStream’s market leading platform for workforce development, healthcare providers have made the ICD-10 solution from Precyse and HealthStream the healthcare industry’s top choice.
“The Precyse University ICD-10 Physician Office Solution is built to fully prepare physicians and all members of their offices and/or clinics for the new world of ICD-10,” explains Thomas Ormondroyd, vice president and general manager of Precyse Learning Solutions. “Although ICD-10 seems daunting and burdensome, it actually offers tremendous opportunity to optimize reimbursement, minimize denials and appeals and improve clinical care through more valuable and detailed data. Our solution is designed to ease the change to ICD-10 and have physicians and their staffs ready for its arrival.”
Unlike its competitors, the Precyse University solution is fully built and tested with more than 200 courses, applications and tools specifically for physicians’ needs. In addition, most courses are mobile-ready for use on a computer, iPad® or mobile device to make education available anywhere and at any time. Innovative tools and resources such as video games, labs, simulators and animations are available as well.