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RAC Audits: Are you prepared? CMS recently announced the success of its Recovery Audit Contractor (RAC) demonstration program, with nearly $322 million recovered in overpayments from hospitals. A permanent RAC program is expected to roll out to all states by 2010. Based upon the experiences of providers that weathered the demonstration program, hospitals should waste no time in preparing for upcoming RAC scrutiny.		Camille Cohen, 3M Compliance Solutions Manager, discusses RAC preparation and response strategies in "Getting Ready for RACs" Learn how to reduce your organization's vulnerability to RAC audits by viewing this recent 3M-sponsored webinar, "Preparing for RAC Audits."
Success with MS-DRGs Learn more about meeting payment challenges in "The Right Moves for Success with Medicare," a 3M-authored article in Healthcare Financial Management (pdf, 250 KB) Understand key steps to evaluating your organization's financial performance in "Analyzing the Financial Impact of MS-DRGs," a 3M-expert authored article in Healthcare Financial Management (pdf, 235 KB)	Documentation Improvement David Owen of 3M discusses how intelligent language processing can improve the efficiency of speech recognition and transcription in this For The Record cover story. Read more. Learn ways Case Managers can foster improved patient care while contributing to their hospital's financial health in Clinical Documentation Improvement: Spotlight on Case Management. Read the 3M white paper (pdf, 423 KB)	HIE Trends and Interoperability Kasey Poon, MD, 3M Medical Informaticist, discusses the different levels of system interoperability in " Can We Talk?" from Advance for Health Information Executives. "Laying the Foundation for HIEs" discusses the impact of Health Information Exchanges (HIEs) on healthcare laboratories. Read the 3M-authored article from Medical Laboratory Observer here (pdf, 187 KB)
Reengineering the Revenue Cycle Growing public scrutiny of hospital charges challenges providers to price competitively, but still drive revenue to support patient care. Learn effective pricing strategies in this 3M case study. (pdf, 84 KB) Mississippi Baptist Medical Systems reengineered its outpatient revenue cycle. Read more (pdf, 165 KB)	Performance Management The Hospital Executive Council of Syracuse, New York initiated a groundbreaking collaborative effort to reduce length of stay across four Syracuse-area hospitals, staying ahead of national trends. Read more (pdf, 289 KB) By improving documentation of patient acuity, Vanderbilt Medical Center increased the accuracy of published quality performance reports. Read the case study here (pdf, 91 KB)	ICD-10 Readiness Have concerns about preparing for ICD-10? Here's a 3M ICD-10 FAQ which may help address your questions. (pdf, 229 KB)