2014 is going to be a year filled with challenges and opportunities for the healthcare industry. We list out some of the biggest challenges physicians are going to face...

1. What does 2014 bring to the
healthcare industry? We track the
challenges ahead..

2. 2014 is going to be a year filled with challenges
for healthcare providers!
• Instead of welcoming 2014 with anticipation and hope,
healthcare providers are greeting the New Year with
dread.
• 2014 is going to be the year of change.
• From transitioning to a new code set to working towards
MU2, there is a lot on the plate.
• What are the biggest challenges of 2014? Here is a
quick snapshot…

3. The year of federal mandates…
• This could be the year of opportunities or penalties,
depending on how good practices are at rolling with the
punches.
• ICD10 will come into effect on Oct 1st.
• Formulating a MU2 plan and fast tracking compliance
efforts should be the top most concern of all medical
practices.

4. It is going to be tougher than ever to get paid!
• Physicians face the risk of being unceremoniously dropped
from insurance plans if they don’t adhere to strict quality
metrics.
• Improvising and documenting quality of care is another
major challenge facing physicians.

5. Newer technologies…
• Health information is going mobile.
• There are zillions of applications and softwares being
exclusively developed for doctors.
• Though some like sharing healthcare information through
smartphones and patient portals can help physicians save
on time.
• The influx of healthcare apps can pressurize physicians to
adapt to change whether they like it or not.

6. Interoperable systems will have to be in place!
• It is time for doctors to determine how interoperable their
EHRs are.
• Seamless health information exchange between two
systems is now more important than ever.
• Physicians should insist on more interoperable systems
that can make, sending and receiving information and
communicating with another physician, a lot easier.

7. Documentation hassles…
• Medical practices will have to submit and maintain
pristine medical documentation in order to get paid.
• To ensure medical documentation is accurate and
updated it is important for practices to hire skilled scribes
or transcribers.

8. Thank You….!!!
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