It should come as no surprise that medical billing errors can be very costly to your practice. It is estimated that these errors account for $68 billion in unnecessary healthcare spending each year, and between 40 and 80 percent of all medical bills contain errors. It is important to check for coding accuracy to ensure you are not making costly errors that could put your practice at risk for an audit.
Software Advice, recently hosted a Q&A with Betsy Nicoletti, MS, CPC, an expert on medical coding and co-author of Codapedia.com. The Q&A session covered the following topics:
- Common high-risk evaluation and management (E/M) coding errors doctors make.
- Prevalent reasons high-risk compliance problems occur.
- Potential consequences of making high-risk coding mistakes.
- How to perform self-audits to prevent a legal audit of your practice.
View the full Q&A at Avoiding Coding That Leads to Audits: A Q&A with Betsy Nicoletti. You can also read an excerpt of Nicoletti’s book on medical coding, Auditing Physician Services: Verifying Accuracy in Physician Services and E/M Coding to Protect Medical Practices.
We’re interested to hear what steps your practice is taking to improve coding accuracy. Let us know.
About the author
Anne Zieger is a publishing consultant and editor specializing in healthcare and IT. She is a contributor to The Profitable Practice.