What Is Medical Billing Audit?

Medical billing audit is a method for reviewing and recommending enhancements to coding, billing, and documentation to prevent a third-party audit, identify under coding/over coding, and other discrepancies that might result in disciplinary action from third-party carriers, federal, state, or other regulatory agencies. A lot of medical billing companies like ParkMedicalBilling provide audit services for their clients. The audit reflects the status of a provider or the clinician based on staff putting information on the encounter. So, judging the encounter, you’ll determine whom you need to help educate to make sure you’re reimbursed fully. It will help reduce your denials. It will help in getting your revenue cycle to be on a more even path. So, even though we educate staff on how we want it to be done, we have to make sure that those pieces are being followed through because sometimes they fall through the crack. The Importance of Audits…Read More