Medical billing errors arise out of some basic typographical errors and lack of or incorrect data. No matter the mistake, there is a significant amount of time and revenue lost in reworking on the error. Loss or delay in payment drains the practice of the life of any practice, big or small, where a steady flow of reimbursement is required to keep going,
Following are some common medical billing errors that take place-
Irrespective of the fact that such common errors occur, there are ways to curb them and have a smooth billing process ensuring timely and complete payments.
Errors will happen due to very basic reasons, however what is important is to learn to work around them and ensure mistakes do not repeat, let face higher denials. The new coding system, ICD-10 will certainly add on to the number of denials. Keeping abreast with latest happening and changes in healthcare and being alert while billing claims will help minimize rejections and denials.Back