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QuadraMed Launches Industry's First ICD-10 Compliant Learning Tool at AHIMA Summer Symposium
Quantim Coding Simulator delivers "real world" coding experience to facilitate transition to ICD-10
Reston, VA July 28, 2009
RESTON, Va.--(BUSINESS WIRE)--Jul. 28, 2009--
QuadraMed®
Corporation (NASDAQ:QDHC) will showcase its ICD-10 compliant encoder
training tool, Quantim® Coding Simulator, at the Virtual
Laboratory of The
American Health Information Management Association's (AHIMA) Assembly on
Education Symposium, taking place July 27- 29, 2009 in Las Vegas,
Nev. This knowledge-based encoder training tool will help enable coders
and students to gain proficiency in using ICD-10-CM/ICD-10-PCS code sets
well ahead of the mandated implementation date of October 1, 2013.
Significantly, the training tool includes an embedded “GEMS1
mapping tool” and other features for easy identification of
crosswalks between ICD-10 codes and ICD-9 codes.
“We believe that the Quantim Coding Simulator is the first U.S.
compliant ICD-10-CM/PCS encoding tool available for training purposes
within the nation. Although international versions offer similarities to
the U.S. version, coders here must have access to training tools that
fully meet our country’s unique payer reimbursement system,” states
Cathy Fields, QuadraMed’s senior director of Health
Information Management (HIM) products. “By leveraging QuadraMed’s
advanced training tools now, healthcare entities can help ensure a
smooth and efficient transition to ICD-10 with limited disruption to
business operations and cash flow.”
The transition from 13,000 ICD-9-CM codes to approximately 68,000
ICD-10-CM codes, and 3,800 procedure codes to 73,000 ICD-10-PCS codes
presents a significant challenge to healthcare organizations due to the
current shortage of coders and the extensive training needs for coding
staff. However, with Quantim Coding Simulator, students and professional
coders can quickly and easily learn the new mandated coding structure
and guidelines using a “real world” application in a test environment
that closely simulates the live experience of managing the greatly
expanded code sets of ICD-10.
Added Ms. Fields, “QuadraMed is dedicated to providing tools and other
educational materials to help healthcare organizations navigate every
step of the way during this transformational time. In partnership with
AHIMA’s Virtual Laboratory, we are providing leadership and guidance to
give HIM coding professionals the information, tools and technologies
they need in order to meet upcoming challenges.”
About QuadraMed Corporation
QuadraMed Corporation advances the success of healthcare organizations
through IT solutions that leverage quality care into positive financial
outcomes. QuadraMed provides real world solutions that help healthcare
professionals deliver outstanding patient care efficiently and cost
effectively. Behind the Company's products and services is a staff of
600 professionals whose experience and dedication have earned QuadraMed
the trust and loyalty of clients at over 2,000 healthcare provider
facilities. For more information about QuadraMed, visit http://www.quadramed.com/
Cautionary Statement on Risks Associated with QuadraMed
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 by
QuadraMed that are subject to risks and uncertainties. The words
"believe," "expect," "anticipate," "intend," "plan," "estimate," "may,"
"should," "could," and similar expressions are intended to identify such
statements. Forward-looking statements are not guarantees of future
performance and are to be interpreted only as of the date on which they
are made. QuadraMed undertakes no obligation to update or revise any
forward-looking statement except as required by law. QuadraMed advises
investors that it discusses risk factors and uncertainties that could
cause QuadraMed’s actual results to differ from forward-looking
statements in its periodic reports filed with the Securities and
Exchange Commission ("SEC"). QuadraMed’s SEC filings can be accessed
through the Investor Relations section of our website, www.quadramed.com,
or through the SEC’s EDGAR Database at www.sec.gov
(QuadraMed has EDGAR CIK No. 0001018833).
QuadraMed is a registered trademark of QuadraMed Corporation. All other
trademarks are the property of their respective holders.
1GEMS = ‘General Equivalent Mappings’; GEMS is
provided as a public domain tool by CMS to assist with the conversion of
ICD-9 CM to ICD-10-CM and ICD-10CM to back to ICD-9 CM. The GEMS forward
and backward mappings are also referred to as “crosswalks” as they
provide information linking of one code set to another.
Source: QuadraMed Corporation
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