Experts Speak of Obamacare, ICD-10 in Washington DC November 20th 2013

NEWPORT BEACH, Calif., Nov. 7, 2013 /PRNewswire/ -- No World Borders, a leading health care consulting firm announced that CEO Michael Arrigo is speaking in Washington DC about ICD-10, a new standard of reimbursement for the $3 trillion U.S. health care economy. Arrigo will be presenting at the WEDI Fall 2013 conference, which is themed "The Health IT Tipping Point: Bridging Strategy & Execution" at 1pm on Wednesday, November 20^th, 2013. His presentation will touch on clinical data, health care claims data, BigData, mHealth and cloud computing analytics that can be used to improve clinical documentation for ICD-10. As part of the presentation, Arrigo and well-known physician Dr. Joe Nichols MD will discuss a case study of a hospital and a health plan, clinical documentation, reimbursement, and ICD-10.

(Photo:  http://photos.prnewswire.com/prnh/20131107/LA12929)

Other speakers include:

Former U.S. Senator Trent Lott
SVP and Chief Medical Officer, Health Care Service Corporation Stephen L. Ondra, M.D
Director of Centers for Medicare & Medicaid Services eHealth Standards Robert Tagalicod
Former Secretary of U.S. Dept. of Health and Human Services Louis W. Sullivan MD

"The ICD-10 mandate is now less than one year away on October 1, 2014. Like the mortgage crisis and resulting recession starting in 2008, many miss the fact that documentation quality has an important potential financial impact, whether we look at mortgage backed securities or insurance claims for health care procedures. Companies need to mitigate this risk with ICD-10 assessments, implementation consulting, testing, clinical data analysis, and risk management practices," said Michael Arrigo, Managing Partner of No World Borders. Best practices ICD-10 preparation includes: performing ICD-10 impact training, an ICD-10 Organizational Readiness Assessment, ICD-10 Financial Risk Assessment, ICD-9 Claims Analytics, Process Assessments, ICD-10 implementation planning, ICD-10 Clinical Documentation Improvement and Quality Assessment, ICD-10 Business Roadmap, ICD-10 Gap Analysis, ICD-10 Vendor Assessment.

About ICD-10

ICD-10 establishes new standards of specificity for description of patient condition and care, and introduces a new reimbursement paradigm to the $3 trillion U.S. health care economy. While ICD-10 is a separate mandate from Obamacare, it enables more detailed analysis of healthcare outcomes under The Patient Protection and Affordable Care Act. It sets the standard for data stored in electronic medical records, part of the HITECH Act and Meaningful Use of Electronic Health Records under the American Recovery and Reinvestment Act (ARRA). Future data exchanged in health information exchanges (HIEs) will utilize ICD-10, and ICD-10 will be a key component for analyzing population health management. Health Insurance Exchanges will provide greater access to insurance, which in turn will use ICD-10 as part of the coverage determination rules for Americans. ICD-10 high impact medical specialties for providers include: Orthopedics, Obstetrics, and Cardiology and Vascular surgery among others.

About No World Borders

No World Borders advises health care clients regarding disruptive regulations and disruptive technology. The company provides an independent advisory service to help clients improve their outcomes and find strategic advantages. Clients are: 

• Health plans and self - insured employers
• Hospital systems, physician groups, and other healthcare providers
• Pharmaceutical, medical device, and diagnostic firms
• Investors in Life Science, Software as a Service, Cloud, mHealth, and Healthcare IT
• Legal firms regarding Meaningful Use of Electronic Health Record compliance audits

The company's Clinically Integrated Solutions facilitate coordination between silos to improve health care quality and value.  

No World Borders may be followed at these social media links:
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About Michael Arrigo

Mr. Arrigo is managing partner of No World Borders. He served as an expert in a legal matter before the U.S. Federal Trade Commission involving anti-trust issues related to clinical data and documentation, E.H.R.s, diagnosis and procedure coding, ICD-10, and computer assisted coding (CAC) for one of the largest hospital systems in America.  He recently presented "Perfect Storm in Healthcare – A Guide for Investors, Health Insurers, Providers, and Health IT Vendors" which covers the inter-relationship between complex, disruptive health care regulations such a Obamacare, ICD-10, health care technology and business strategy. 

Arrigo was quoted in The Wall Street Journal regarding the financial impact of ICD-10. He and his team performed investor diligence on transactions exceeding $500 million for healthcare IT, payor, and provider mergers and acquisitions serving private equity and venture capital firms. He led the diligence effort for a well-known Silicon Valley investment firm for Medicare Advantage, Accountable Care, Cloud Computing, Software as a Service, analytics, and large-scale healthcare industry cloud interoperability. 

He led diligence for pre-IPO Cloud healthcare IT solutions business, is an advisor to an mHealth startup, and former SVP of eCommerce two multi-$billion financial services firms. Arrigo was CEO of an Internet billing company sold to a leading enterprise software company.  Trained as a product manager earlier in his career, he leads patient centered solutions, and advisory services with unique insights on the market.

He graduated from the University of Southern California (USC), studied computer science and economics at the University of California, Irvine (UCI) and the University of Pennsylvania's Wharton School executive management program. He is a candidate for a dual Masters in Public Health and Informatics.  Arrigo served as an adjunct professor at Loyola on eCommerce.  He competed in the 2007 U.S. Olympic trials, training for the event while working full-time with a family and serves as a volunteer youth soccer coach.

Michael Arrigo may be followed at these social media links:
www.twitter.com/marrigo LinkedIn / Google Plus / Slideshare

PR Newswire subscribers who use ProfNet can reach Mr. Arrigo at http://www.profnetconnect.com/marrigo 

Links to more information:

About No World Borders - corporate web site
No World Borders ICD-10 and Healthcare IT Solutions
Could ICD-10 have as big a financial impact as the mortgage crisis? Yes. Here's why.
Companies stand to gain from health care's Y2K problem
More information from CMS - ICD-10 Transition: An Introduction

SOURCE No World Borders