Coding regulations are a complex and ever-changing landscape. It can be difficult to keep up with the latest changes, and even more difficult to ensure that your coding is compliant. That’s where the Compliance Compass comes in. The Compliance Compass is a comprehensive guide to coding regulations. It covers everything from the basics of coding […]
Medical coding is an essential aspect of healthcare in that it translates diagnoses, procedures, medical services, and equipment into alphanumeric codes. The processes involved in medical coding is complex, however, so errors can often result in payment delays and significant financial losses. The most common errors leading to delays and lost revenue are tracking down […]
Midland Memorial Hospital agreed to pay over $555,000 for a medical coding error that resulted in claims being sent out for reimbursement from the government even though patients did not have a primary COVID-19 diagnosis. The Texas hospital told local news source News West9 that it miscoded 87 claims last November and sent those […]
It is estimated that as high as 80 percent of medical bills contain errors.1 As healthcare costs continue to rise, so too is the need for healthcare payers to reduce overspending resulting from avoidable billing errors and improper claims reimbursement. Given the sheer volume of claims submitted each day, capturing and reconciling discrepancies based off of […]