Health Informatics CAPSTONE Research
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The purpose of the literature review is to position your proposed research in the context of what is already known in the industry about topic of Health Informatics CAPSTONE Research. This review does not need to be exhaustive, however it must be recent (within the last 3-5 years), so you can illustrate how this proposed study will benefit the whole; the facility, the sub-sector of the industry, and the health care system overall. It should provide the theoretical basis for your work, show what has been done in the area by others, and set the stage for your work.
What Is The Impact Of Cdi On Revenue (Financial)
Benefits of Results of the Proposed Study
The study that has been conduced to identify what the impacts of Clinical Documentation Improvement (CDI) are on the revenue or financials would be highly beneficial for the future researches and studies associated with this area of the research. The results that would be obtained from the current study would provide an updated insight regarding the various benefit of using CDI within the healthcare systems and how the same has improvement the revenues of the healthcare organisations.
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It shall also detail regarding the advantages associated with the reimbursement of the insurances and revenues associated with it. As there has been a growth in the revenue cycle of hospitals, in large scale, over the years and the same has increased the administrative tasks, thereby resulting in the new coding sets. The CDI programs allow the health information management professionals and clinicians to work together in increasing the accuracy of the coding and aptly depicting the quality of the care that are being delivered (Becker & Healthcare, 2012). Therefore, through the results of the current research study, it is expected that the various benefits associated with the implementation and integration of the CDi within the healthcare sector, especially with respect to the revenue management, shall be elucidated.
Significance of The Study to The Industry
The study that is being conducted to identify the impact of Clinical Documentation Improvement (CDI) on the revenue of the healthcare sector would contribute to the information that are available regarding the application of CDI in the healthcare organisations. It has been estimated that most of the organisations have gained a minimum of $1.5 million in the healthcare revenue, upon the implementation of CDI (LaPointe, 2016).
Therefore, if further studies are conducted regarding the same in the area of CDI, such as the current study, it would be highly beneficial for the professionals who are continuously associated with the practice of gaining more insight regarding the effectiveness and benefits of CDI in the healthcare systems as well as identify the drawbacks so that suitable changes can be made with respect to the same to provide improved services. It has been identified that the hospital financial officers have notices that the largest motivators for CDI has been the case mix index improvement (LaPointe, 2016). Hence, through the findings of the current study, more insight regarding the same can be contributed.
However, as more than 90 per cent of the healthcare organisations that are using CDI solutions have not had positive affect or have been experiencing ineffective coding results, therefore, it is important that either these hospitals partner with a CDI vendor or they could provide training to the workforce, so that they are able effectively manage the systems (LaPointe, 2016). Therefore, it can be stated that the current study that shall be based on the identification and evaluation of the impact of CDI on the revenue shall explore this area to determine if the revenue inflow would be worth the investments that are to be made on the training or collaboration with the vendor and the information regarding the same would be beneficial for the industry.
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