PLAINS, Pa., March 21, 2012 /PRNewswire/ -- The Huntzinger Management Group, Inc. (HMG), a leader in healthcare advisory and managed services consulting, today further illustrated its commitment to the industry's "90 percent"—the lion's share of the healthcare community that has yet to prepare for ICD-10. HMG has done so by hiring healthcare executive Nancy Chapman, adding more than 25 years of provider operations and IT experience to help clients transition from ICD-9 to ICD-10.
"Industry experts observe that less than 10 percent of provider organizations have begun to prepare for ICD-10," said George Huntzinger, president and CEO of HMG. "The reality is that provider organizations are already stretched beyond present limits in efforts to meet healthcare regulatory and compliance requirements. It's not a case of lack of attention to ICD-10, but a lack of resources, bandwidth and time required to thoroughly digest the implications associated with ICD-10 readiness and implementation."
To this end, HMG has invested in healthcare subject matter experts like Chapman who can assist in mitigating the impact to operations costs before, during and after ICD-10—not to mention critical assistance to avoid potentially delayed and reduced reimbursement. Chapman, who recently authored a white paper on the topic for HMG, is leading the charge.
As HMG's Practice Director, Chapman will also be responsible for leading and facilitating client efforts in revenue cycle operations and financial performance improvement objectives through identification and implementation of technology and processes. Clients will benefit from Chapman's past successes in defining and implementing strategies to optimize reimbursement opportunities and identify greater efficiencies throughout the revenue cycle, particularly as provider reimbursement challenges with healthcare reform and ICD-10 continue to increase.
"As healthcare organizations continue to face challenges with regulatory compliance and changes in reimbursement models, we want to be in a position to assist them with their efforts," Huntzinger said. "Nancy's expertise and leadership provides HMG with the resources to do so."
About The Huntzinger Management Group, Inc.
HMG provides advisory and managed services consulting to the healthcare industry. We focus on clinical and operational business performance optimization by ensuring alignment between IT, clinical, and ambulatory areas to position our healthcare clients for the future. For more information, visit www.huntzingergroup.com
SOURCE Huntzinger Management Group