Lorie Richardson, LPN’s Post

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Vice President of Sales | National Strategic Accounts | Sales Operations | Channel Partners | SaaS | Sales Enablement | Sales Mentoring | Strategic Development | Account Management | Client Success

💡💡Great insights from our #MDaudit #2023Benchmarkingreport Case accuracy in professional and hospital billing present significant revenue opportunities.... With national staffing shortages impacting the field of healthcare; technology, automation, and analytics have become important catalysts for billing compliance departments as leaders look to increase productivity despite fewer staff members. Operational efficiency and coding accuracy become key drivers for financial effectiveness. Billing compliance teams are doubling down on auditing coders and tracking case accuracy rates for E&M and procedure services across professional and hospital billing. As you will see in subsequent pages, a single percentage increase in accuracy rates will mean cleaner claims during initial submission and in turn millions of dollars in reimbursement in a timely manner. 1. Case accuracy describes the accuracy of the total claims being audited 2. Code accuracy describes the accuracy of codes (E&M, CPT/HCPCS or DRG) in the claims being audited

2023 Benchmark Report

2023 Benchmark Report

https://www.mdaudit.com

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