Patni Enhances HIPAA 5010, ICD-10 Offerings

Patni Computer Systems Ltd. (Patni) introduced enhanced versions of its HIPAA 5010 and ICD-10 assessment and migration service offerings. Leveraging the company’s extensive experience in the healthcare domain and its strategic alliance with Milliman consulting, Patni created an assessment framework designed to help healthcare organisations successfully convert from the HIPAA 4010 electronic transaction set to the 5010 set and from ICD-9 code sets to ICD-10.

“Facing regulatory deadlines in 2012 and 2013, and with ICD-10 compliance impacting nearly every core process, system and interface, healthcare organisations must begin their remediation efforts sooner rather than later,” said Ganesh Iyer, Senior Vice-President and Global Head, BFSI, Patni. “Payers face substantial remediation and migration costs – from $2 million for Tier 3 companies up to $5 million for Tier 1 organisations,” Iyer continued. “They’ll need to update existing systems and provide employee education and communications until all coding issues have been resolved. They will generate cost benefits from improved disease management and improvements in claims adjudication and payment processes, but it will require significant changes in their IT infrastructures and methods of data retention, reporting and analysis.”

Working together, Patni and Milliman will utilise their tested processes, methodologies and tools to assist with HIPAA 5010 and ICD-10 conversion from the initial assessment phase through remediation, implementation and training phases to ensure a smooth transition. They can also assist organisations in defining business intelligence and analytical requirements and capabilities to leverage the granular data received as a result of ICD- 10 coding.

More from Biztech

Future Group - Reliance Retail Deal approved by CCI RBI ban on cryptocurrencies takes effect; prohibition could force investors to tap the black market

Patni’s phased approach in the HIPAA 5010 and ICD-10 data conversion deployments includes expert handling of assessment, pre-planning, design and mapping, technical and business impact analysis, integration and testing, and documentation and knowledge transfer processes.