Orem, Utah – April 23, 2012 – Nearly half of providers KLAS spoke with are planning to purchase an inpatient computer-assisted coding (CAC) solution within the next two years, according to the report Computer-Assisted Coding: A Glimpse at the Future of HIM Technology. ICD-10 is the major motivator for these providers to look at a CAC solution, as they believe it can make up for some of the lost productivity and reimbursement that ICD-10 will create. For many of them, adding a CAC system is an integral part of their ICD-10 readiness strategy.
“Providers worry their staff will not be ready in time for ICD-10. Though the market is young and no vendor has fully proven itself in the inpatient space, provider confidence that computer-assisted coding technology will ultimately create greater efficiency, productivity, and ICD-10 readiness is high,” stated author of the report Graham Triggs.
For this reason, many providers are looking to pull the trigger on a CAC purchase decision soon. By leveraging its large encoder market share, 3M has gained the highest mindshare in CAC, but OptumInsight and Dolbey are surging in their visibility among providers.
A number of factors weigh into CAC selection decisions. This study discusses the differences between inpatient and outpatient CAC solutions, top consideration criteria, real and anticipated benefits of CAC, and an in-depth review of all of the major inpatient CAC players, as well as the solutions they offer.
Vendors included in the research are 3M, Cerner, CodeRyte, Dolbey, M*Modal, OptumInsight, PlatoCode, Precyse, and QuadraMed.
To learn more about computer-assisted coding, the report Computer-Assisted Coding: A Glimpse at the Future of HIM Technology is available to healthcare providers online for a significant discount. To purchase, healthcare providers and vendors can visit www.KLASresearch.com/reports.
KLAS is a research firm specializing in monitoring and reporting the performance of healthcare vendors. KLAS’ mission is to improve HIT delivery by independently measuring vendor performance worldwide for the benefit of our healthcare provider partners, consultants, investors, and vendors. Working together with executives from over 4,500 hospitals and over 2,500 clinics, KLAS delivers timely reports, trends, and statistics, which provide a solid overview of vendor performance in the industry. KLAS measures performance of software, professional services, medical equipment, and infrastructure vendors. For more information, go to www.KLASresearch.com, email marketing@KLASresearch.com, or call 1-800-920-4109 to speak with a KLAS representative. Follow KLAS on Twitter at www.twitter.com/KLASresearch.