Billing Audits - A way to ensure that both billing and computer systems deliver maximum efficiency

To asses whether all revenue is being collected and to review daily processes for accuracy and efficiency, Innovative Practice Concepts offers a thorough analysis and review in its on-site billing audits

• Registration process and forms completion
  
• Charge capture and charge entry procedures
  
• Use of modifiers
  
• Third party payor requirements
  
• Rejections
  
• Over-the-counter and mail collections procedures
  
• Cash receipts management process
  
• Internal financial controls
  
• Management of non-collectible / bad debt accounts
  
• Business off staffing ratios and level of expertise
  
• Write-off policies
  
• Medicare Compliance