Three ways to prevent fraud:
1. Educate on coding practices and policies. CMS offers coding policies and guidelines for ASC staff that can help them avoid making mistakes.
2. Perform coding audits. Check with your medical coders to ensure they are billing correctly for procedures, supplies and implants.
3. Know what counts as fraud. Knowingly billing for services that are not completed or that are more complex than the procedures actually performed constitutes fraud.
More articles on coding, billing and collections:
ASCs report volume, revenue hikes after disclosing costs — 6 study findings
5 ways ASCs can optimize patient collections
4 strategies for managing self-pay patients
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.