Medical bill auditing can help health care provider identify bogus charges on hospital bills through the comparison of itemized bills against medical records, treatment settings, service codes, etc., and save significant amount of dollars of patients. This is the best way to improve your clinical documentation and the livelihood of your health care organization. Afterall, quality health care is based on accurate and complete clinical documentation in the medical record.
Industry Standards State
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Medical record audits are necessary to determine areas in your health care organization that require improvements and corrections. The Centres of Medicare & Medicaid Services (CMS) announced that up to one out of ten physicians and other healthcare professionals would have to undergo another round of payment audits.
As per the latest CMS update, around 5-10% of all eligible health-care professionals attesting for meaningful use will be selected for prepayment audits. These selections will be made randomly and it will be based on protocols identifying suspicious/anomalous attestation data. Moreover, post-payment audits will also another 5-10% of physicians and other healthcare professionals.
What is the need of medical auditing?
Medical auditing requires conducting internal/external reviews of coding accuracy, policies, and procedures to ensure that the practices run an efficient and hopefully liability-free operation. Medical-bill-audits are performed to:
How can physicians prepare for an audit?
To prepare for an audit, practices should:
MBC helps physicians get successfully get through an audit:
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Medicalbillersandcoders.com has been assisting in medical-bill-auditing for healthcare organizations for over a decade now across the 50 US States and across varied specialties. Our customized services along with a dedicated medical billers and coders assures regular, accurate and detailed medical record audits for our clients. Our team is constantly working to identify opportunities which help improve accuracy, compliance and productivity in the health care system.
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