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Succeeding in Risk-Based Contracts: A Guideline for Healthcare Providers (Part 2)

Part 2 – Six Steps to Excel at Healthcare Risk Adjustment Last week, I discussed the state of healthcare risk adjustment and the risk adjustment challenges facing provider organizations. But an important and looming question remains: if high accuracy coding to support risk adjustment is critical to organizations, and existing processes are either retrospective, labor-intensive,…

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Celebrating Diwali at Talix

Millions of people around the world are celebrating Diwali – the Festival of Lights – this week. It’s the biggest holiday of the year for Hindus, Sikhs and Jains. At Talix, we joined the exciting festivities today with a celebration in our office. Happy Diwali!     Derek Gordon Derek Gordon is the General Manager of…

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Succeeding in Risk-Based Contracts: A Guideline for Healthcare Providers (Part 1)

Part 1 – The State of Healthcare Risk Adjustment We are in the midst of a seismic shift from a fee-for-service reimbursement model to a value-based one. In a historic announcement on January 26, 2015, U.S. Health and Human Services (HHS) set a goal of tying 30 percent of traditional, fee-for-service Medicare payments to quality…

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ICD-10: Three Strategies for a Smooth Transition

Now that ICD-10 is finally here, are you confident about your organization’s transition to the new ICD-10 coding system? If you answered “no,” you are not alone. Many elements of this monumental transition have dependencies on the software vendors, clearinghouses, payers and staff, but there is one thing you can control: your documentation of the…

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The Future of Big Data: Deep Learning

The use of anesthesia eliminated one of humankind’s greatest fears – the pain of surgery. A young dentist and renowned surgeon made history on October 16, 1846 with the first successful surgical procedure performed with anesthesia. In the 1870s, healthcare was revolutionized by the germ theory of disease, which led to public health efforts and…

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Welcome to Talix

It’s opening day at Talix, a new company with some seriously impressive DNA. Our new company also comes into being with some equally serious wind in its sails. So, who is Talix? We’re 55 people with a mission to make the people of the world healthier through the power of information. Our first product, Coding…

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