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Billing Audits for Physician Groups
Physicians groups can avoid billing audits by bringing substantial changes in the way they do business. From ensuring error-free documentation to maintaining a smooth flow of communication between the billing staff and physicians, there are several ways with which physician groups can prevent billing audits.
Industry Trivia Successful MU2 Demonstration
  • Medicare RACs are expected to initiate more Medicare claims audits & perform increased unscheduled onsite visits to solo & group practices in near future
  • According to Medical Billing Advocates of America, errors are found in at least eight out of 10 medical bills, costing money to patients & insurance companies
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What is causing Growth in Demand for Coders and Billers in 2016?
As government regulations become more complex and population continues to age, demand for certified and experienced medical billers and coders is expected to increase. According to the industry experts, it is a great time to become a medical biller or coder because the market for coding and billing is already strained and increased demand is driving up salaries.
Industry Facts ICD-code-challanges
  • According to the projections made by US Bureau of Labor Statistics, the medical billing and coding field will experience a 22% increase in number of jobs through the year 2022
  • According to the AAPC (American Academy of Professional Coders), compared to the 7.4% national, unemployment rate of coders is only 1.7%
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