ASC Revenue Leak Tip
There are several ways to help ensure your coding results in optimum, accurate reimbursement:
Employ certified coders.
Provide coders with updated reference materials, such as coding editing software and current CPT, ICD-10 and HCPCS books.
Provide direct access to procedure note transcription.
Ensure coders receive necessary implant information/invoices.
Check all coders' accuracy with regular internal audits. If you have more than one experienced coder, have them audit each other’s work.
Establish a regular, internal coding audit schedule (at least quarterly).
Check accuracy of procedure code optimization, modifiers, implant billing and compliance.
Schedule annual coding audit by independent company.
Access the first tip in this series on "Up-Front Financial Counseling and Collections Not Completed." The next tip in the series will address bank deposit issues that can contribute to revenue leaks.
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