SOURCE: Panacea Healthcare Solutions, Inc.


March 26, 2015 09:00 ET

New Internet Portal to Help Providers Through the Value-Based Purchasing and Quality Maze Launches Today

ST. PAUL, MN--(Marketwired - March 26, 2015) - The company that introduced the nation's first websites to help providers with the federal government's Recovery Audit Contractor program ( and ICD-10 Implementation (, today launched the new web site

Value Based-Purchasing (VBP) initiatives continue to increase in both government and private sectors, and CMS recently announced an initiative to increase the percent of Medicare payments that are linked to quality and value to 85% by 2016 and 90% by 2018. This shift represents a major change for America's healthcare system as VBP affects all providers, vendors and care settings.

"RACmonitor was launched in 2008 to help healthcare providers prepare for the Recovery Audit Contractors and ICD10monitor in 2011 to help healthcare providers prepare and transition to ICD-10. We continue to do so with more than 100,000 combined subscribers coming to our sites each month in order to keep abreast of ongoing RAC activities and ICD-10 Implementation Status," said Kim Charland, publisher for VBPmonitor and co-host of ICD10monitor's Talk-Ten-Tuesday weekly internet broadcast show.

"The transition from fee-for-service to value-based purchasing represents the most significant change in healthcare and we see our role as helping to bring together providers, associations, vendors and payors for the betterment of healthcare in America not only through the transition but beyond 2015 with internet broadcasts, white papers, special bulletins, and E-news featuring in-depth articles that address every department and setting in healthcare -- from acute care hospitals to physicians to rehabilitation hospitals and hospice and more."

The centerpiece is the website. The site not only features articles written for the many different VBP initiatives, but also features that will be producing educational Webcasts and offering reports and e-books. VBPmonitor is operated by of Panacea Healthcare Solutions.

About Panacea Healthcare Solutions, Inc.

Panacea Healthcare Solutions provides coding, compliance, reimbursement and revenue solutions through consulting, software, publications and webcasts. Panacea operates RACmonitor, ICD10monitor and now VBPmonitor, is an online news and information source created to help healthcare providers make informed decisions as they transition into value-based purchasing, a process mandated by Congress under the auspices of the U.S. Department of Health and Human Services (HHS) and administered by the Centers for Medicare & Medicaid Services (CMS).

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