HIPAA 5010 and ICD-10: The Road to Compliance [ Source: Patni Computer Systems Limited ]
September 2009- Healthcare payers and providers are facing two major compliance initiatives over the next couple of years: conversion from the HIPAA 4010 electronic transaction set to the 5010 set and conversion from ICD-9 codesets to ICD-10. These initiatives will impact nearly every core process, system and interface across the industry, and industry costs are expected to be in the billions of dollars. Although compared by pundits with the Y2K initiative, the twin HIPAA 5010 and ICD-10 conversion initiatives ...

Meeting the Solvency II Operational Risk Challenge [ Source: i-flex Solutions ]
April 2008- Solvency II is the next big thing in the insurance industry. The European Commission’s Solvency II (SII) project will replace its current Solvency I rules for insurers. The new regime’s three-pillared approach aims to align capital adequacy requirements with the true risks of insurance companies. It promotes a risk-based economic framework, which induces insurers to measure and monitor their risks and have risk-based capital requirements. While much of SII’s focus has been ...