Wiki Chart Audit pricing

Create Wiki
T

tsmith

Contributor
Messages
16
Location
Craig, CO
Best answers
0
I am trying to set some pricing for my consulting business and would appreciate any input. Do you generally package services for chart audits or charge on a per note basis? If it is per note, what is a competitive rate?
 
tsmith said:
I am trying to set some pricing for my consulting business and would appreciate any input. Do you generally package services for chart audits or charge on a per note basis? If it is per note, what is a competitive rate?
Click to expand...

It depends. I've done it several different ways - sometimes by the chart note which can be between $20-$40. (Normally, per chart is more $$$)

Remember your time is valuable, your an expert in your field - take that into account always! As well as how much time is involved, and travel if any.

You can charge flat rates i.e. $xxxx for first provider, each additional provider $xxx

or even by the hour... if by the hour $100/hr is competitive... if not too low! I've gone as high as $200/hr and as little as $100/hr.

There's so much that can stem from auditing! it's unreal...... not just "coding accuracy" but what about the financial impact it has if they are severly overcoding or undercoding? what happens if you find a problem, i.e. insurance isn't paying according to their contract for the last 5 years. ANYTHING can happen - remember that. Keep your options open, and be available and ready because they'll ask you for additional help and services.
 
ARCPC9491 said:
It depends. I've done it several different ways - sometimes by the chart note which can be between $20-$40. (Normally, per chart is more $$$)

Remember your time is valuable, your an expert in your field - take that into account always! As well as how much time is involved, and travel if any.

You can charge flat rates i.e. $xxxx for first provider, each additional provider $xxx

or even by the hour... if by the hour $100/hr is competitive... if not too low! I've gone as high as $200/hr and as little as $100/hr.

There's so much that can stem from auditing! it's unreal...... not just "coding accuracy" but what about the financial impact it has if they are severly overcoding or undercoding? what happens if you find a problem, i.e. insurance isn't paying according to their contract for the last 5 years. ANYTHING can happen - remember that. Keep your options open, and be available and ready because they'll ask you for additional help and services.
Click to expand...


ar what is the cpma after your name and how do you get it?
 
AR - I took a quick look at the website. This informtion may be there, but I didn't find it. Are there yearly membership dues and CEU requirements for maintaining certification?
 
It's under the NAMAS link - national alliance of medical auditing specialists - yes you do need ceu's and there are dues.
 
You must log in or register to reply here.
Top