Membership Update: CDI Journal released
CDI Strategies, July 17, 2014
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The July edition of the CDI Journal includes a number of news-related information for CDI professionals related to expectations for programs' return on investment (ROI), ICD-10 preparation, and new information from Coding Clinic.
Of particular note, a recent ACDIS poll had more than 1,500 participants answering the question "How much of a financial impact does your CDI program have on its facility annually?" Although most respondents indicate the CDI program only returns about $500,000 annually, those ACDIS spoke to described that number as "disappointing." In the article "CDI program financial value often lost of staff," sources suggest that ROI should typically be in the $2 million range depending, of course, on the facility's Medicare blended rate, bed size and other factors.
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