Choosing the right medical billing and collection company to manage your accounts receivable is not always an easy choice. There are some key factors that make a difference in how well the company will do in managing you’re A/R. When interviewing perspective billing companies, make sure you take good notes, then do a side by … Continue reading How Do You Know You Are Choosing The Right Medical Billing Company For Your Practice?
What is the best way to avoid healthcare violations? Design a Medical Compliance Program. These are simply a set of effective internal controls to ensure guidelines, regulations and laws affecting the organization are followed. They are meant to encourage a culture that fosters prevention, detection, and a resolution of conduct that is outside the established … Continue reading Medical Compliance Programs
The healthcare industry is highly susceptible to fraud, partly due to the type of information available to numerous parties. Let’s say, for example, you go to the doctor for a check-up. The doctor finds something that needs to be checked out, so he sends you for an X-ray and sonogram, and they find something that … Continue reading Combat Healthcare Fraud at the Patient Level – How Patients Can Help
According to the 2016 Report to the Nations on Occupational Fraud and Abuse, the healthcare industry ranks as #5 out of 23 types of victim organizations for fraud, with a median loss of $120,000. Most violations, including fraud, are discovered via a whistleblower or anonymous reporting program. The second most common discovery method is management … Continue reading Can Your Organization Afford Healthcare Violations?