Audits:
Wonder No More: Successful Internal Audits Are Doable
Published on Mon Mar 07, 2011
What does scheduling and scrutinizing documentation have to do with your success?Self audit is a process. Before you jump in and take on the job, you need to prepare yourself and your staff for it. As you may probably know, government payers are not the only insurers who perform audits. Private insurance companies also audit practices, so you should make sure that your otolaryngology office will be left hassle-free should an auditor pay a visit.Sense of purpose: If your otolaryngology practice doesn't conduct regular internal audits, you're likely losing money and overlooking billing mistakes that could result in missed billing opportunities, improper payer processing and erroneous coding. Identify areas where your practice's inefficiencies may be delaying payment or allowing for missed charges, while also evaluating your compliance with payer regulations and coding guidelines, by learning how, when, and why to perform internal audits.Demythologize some essential elements of self audit that [...]