Are you getting paid by insurance companies what you actually deserve as per your fee schedule and are you billing them the right amount?
Billing and Coding Discrepancies:
Is your billing company doing an outstanding job. Are they familiar with the coding changes and regulations, denied claims % etc.
How much money have you lost and losing because of billing errors on a monthly basis
How much is your AR for a particular month that we will do Audit for and also your average time frame to get the payments (Turn Around Time)
Identification of Weak Areas:
Any errors, weak links, improvement areas
Compiling Audit Results:
A detailed Audit report with evidences and numbers in black and white
Strategy Moving Forward:
By making an audit a part of standard business practice, healthcare providers can add six- or seven-figure savings in their costs back to their bottom line.
Suggest the moving forward strategy and how to overcome these areas