Arm Yourself Against Improper Payments
Although the Medicare fee-for-service (FFS) error rate has dropped from 14 percent in 1996 to 3.6 percent in 2008, that’s still billions of dollars—$10.4 billion to be exact—in improper payments.
The news is always the same. “For Medicare FFS, most improper payments are due to claims for services that were medically unnecessary or incorrectly coded,” reports a Centers for Medicare & Medicaid Services Nov. 17 press release.
Want to stop the vicious cycle?
According to a JustCoding.com case study article, an electronic health record (EHR) has allowed one physicians’ practice to improve documentation and coding accuracy and increase billing with fewer payment denials.
However, it’s not as easy as just running down to your local Wal-Mart and buying an EHR. There are things you need to consider first. JustCoding.com has the details of this particular practice’s success story.