A charge master audit is a systematic review process conducted in healthcare organizations to ensure accurate billing and coding services provided to patients. It involves reviewing the medical record documentation, billing information, place of service codes, billing provider, etc. to verify that all services rendered are appropriately documented and billed for. Healthcare billing is subject to numerous regulations and requirements, including those set forth by federal payers like Medicare and Medicaid. Charge capture audits help ensure compliance with these regulations, reducing the risk of legal and financial penalties associated with billing errors or fraudulent practices. Chargemaster audits ensure financial integrity by billing correctly for the services provided.
By identifying missed charges or coding errors, charge capture audits help healthcare organizations optimize their revenue. Proper documentation and coding of services provided can maximize reimbursement from payers and improve the organization's financial performance. It prevents underbilling, which can lead to revenue loss, and overbilling, which can result in compliance issues, fines, or reputational damage. Charge capture audits are essential for maintaining financial health, operational health, and compliance within healthcare organizations, making them an integral part of revenue cycle management and healthcare administration. Chargemaster audits play a critical role in a healthcare organization’s revenue cycle management by ascertaining the accuracy of billing processes, ensuring compliance with regulatory requirements, streamlining workflows, and optimizing reimbursement for healthcare services provided to patients.
Webinar Agenda
Webinar Highlights
Who Should Attend?
Date | Conferences | Duration | Price | |
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Nov 19, 2020 | Navigating the 2021 IPPS Final Rule | 60 Mins | $199.00 | |
Jan 13, 2021 | Navigating the 2021 CMS 855 Forms | 60 Mins | $199.00 | |
Feb 03, 2021 | Navigating Gender Dysphoria Coding and Billing | 60 Mins | $99.00 | |
Mar 03, 2021 | Physician Supervision for Provider-Based Clinics | 60 Mins | $199.00 | |
Aug 31, 2021 | Dissecting the Operative Report | 60 Mins | $199.00 | |
Dec 15, 2021 | Navigating Remote Therapeutic Monitoring Codes in 2022 | 60 Mins | $199.00 | |
Jan 11, 2022 | Navigating the 2022 OPPS Final Rule Changes | 60 Mins | $199.00 |