
AMA studies coding, elects new officers, examines claims payments
The AMA seeks alternatives to ICD-10, elects physicians like you to its board, and reveals how insurance companies fare on claims payments.
It turns out that the
The organization announced at its annual policy-making meeting that it plans to conduct additional research on the subject and will reveal its findings next year, when it reports to its legislative and policy-making arm, the House of Delegates.
“ICD-10 coding will create unnecessary and significant financial and administrative burdens for physicians," AMA President-elect
The new policy also includes a call for other organizations, including the
In other AMA news, several family physicians have been elected to the board for the upcoming year. The organization named
President-elect Hoven is an internal medicine and infectious disease specialist from Lexington, Kentucky, and is only the third woman to hold the title of president since the AMA’s inception in 1847.
The AMA also announced the results of its fifth annual
Private health insurers made fewer mistakes on the medical claims they paid in 2012 compared with 2011 (9.5% versus 19.3%, respectively). As a result, the healthcare system saved $8 billion in administrative work it did not need to conduct to fix mistakes, the AMA says, although an additional $7 billion could be saved if insurance claims were always paid correctly.
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