Thursday 12 April 2018

The Need For Medical Auditing

Quality healthcare can only be made possible by accuracy in medical records and clinical documentation. The best way to ensure that your records are 100 % accurate is through medical record audits. It is highly important to assess and determine areas which need timely improvement.
The main objective of an audit is to provide accurate dealings in terms of financial records of a health care service provider. Once the weak areas of loop holes are identified by an auditor, findings and the ways of improvement are then suggested to the health care organisation.

Medical audit refers to conducting a review of coding policies, procedures and the accuracy to help ensure that the organisation is running an efficient and a liability free operation

Given below are some of the main reasons for health care firms to perform audits:

-To provide protection against fraudulent billing activities and claims

-To ensure there is no inappropriate coding and documentation

-To correct the underlying auditing issues before the government identifies the inappropriate coding

-To prevent investigation agencies from questioning the audits

-To ensure that outdated codes are not being put to use

-To ascertain any kind of deficiencies with respect to reimbursement

-To identify opportunities to support appropriate reimbursement

If you too believe that your Revenue Cycle in Los Angeles is suffering due to the lack of appropriate auditing procedures in place, consider getting in touch with an experienced auditor or coding firm for the best support.