Currently, physicians receive little education on matters such as inappropriate payments, revenue cycle inefficiencies and billing fraud, according to the report. Wasteful billing makes up 30 percent of healthcare costs, and while physicians may not intentionally abuse or defraud the system, they still contribute to waste, according to the viewpoint’s authors.
Economic pressures, such as use of diagnostic testing if a physician group owns imaging equipment, was also cited as a reason for making more expensive decisions. The authors suggest developing integrity training programs for physician residencies and fellowships.
More Articles on Coding, Billing and Collections:
ThedaCare Choose ProVation Medical Software
Dr. Babak Arvanaghi Launches ASCpro for Surgery Center Document Management
ICD-10 Project Plan Should Be Developed by Now, CMS Says
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
