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A list of 10 Common Mistakes Managing Emergency Dept Reimbursement and Cash Flow, and what you can do to fix them
Why is accuracy and compliance to accepted standards of documentation in the medical record important? The first and most important reason is to provide patients with appropriate care based on details provided in their medical record. This ensures optimal patient care and allows for excellent patient satisfaction. Another reason for ensuring accuracy and compliance in the medical record is to provide governmental agencies, and any other entity accessing the patient’s medical record accurate and complete information. With improved documentation, collections improve, the risk for unfavorable audit results decreases, and efficiencies are increased in the office with both staff and physician co-workers.
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The 4th common mistake occurs when your documentation templates are no longer capturing all services appropriately.
The 2nd most common mistake is that the Facility Point System is not regularly evaluated to capture all services. A Point System would be a consistent methodology for assigning an ED Facility Level based on the work performed by the ED staff. An interesting fact is, that to this date, there are no national standards for assignment of hospital Facility Levels.
BDA utilizes several proprietary national fee databases with Geozip specific information, so that it can conduct a comprehensive assessment of your current fee profile.
BDA will conduct one-on-one and group sessions with your providers and support staff where we will emphasize the necessity of appropriate documentation needed to support Evaluation and Management (E/M) Services Coding, and overall medical coding. A variety of training tools are utilized for easy future reference.
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Improve Revenue, Reduce Errors: BDA ClaimCorrect ®
BDA helps healthcare professionals increase their revenue capture by improving the accuracy of their clinical documentation, coding, billing, and reimbursement.
BDA provides its clients with a detailed summary that identifies key coding issues such as invalid, deleted or revised codes and descriptive changes. A customized Action Plan is developed and implemented over the life of the engagement.
© 2012 Bill Dunbar and Associates, LLC., all rights reserved. CDC/NCHS. CPT® is a registered trademark of the American Medical Association
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