Avoiding Medicare Audits For Your ASC Billing Practice

1. Avoiding Medicare Audits For Your ASC Billing Practice https://www.247medicalbillingservices.com | +1 888-502-0537

2. Avoiding Medicare Audits For Your ASC Billing Practice For both outpatient and inpatient administrations, ASC billing services comprise billing of cases established for treatments performed by physicians, suppliers, and other non-institutional suppliers. But when it comes to your ASC Billing Practice, you already know that the only thing worse than having to maintain and follow are complicated Medicare's set of rules is having to worry about a prospective audit. Internalizing the system's insurance regulations and multiple restrictions is required when treating Medicare patients. This may be rather be overwhelming at times and the continuous pressure of an audit doesn't help to calm your nerves. However, ASC's billing services are not always error-free and it can arise for a variety of reasons, including incorrect codes, a lack of monitoring, inconsistency in billing methods, failure to adhere to professional standards, and breaking out services and billing as separate procedures when they should be included. https://www.247medicalbillingservices.com | +1 888-502-0537

3. Avoiding Medicare Audits For Your ASC Billing Practice With that in mind, here's a quick review of everything you need to know about Medicare audits and how to avoid them. Although avoiding a Medicare audit may be impossible, following these tips can help ensure that you are well prepared. Detail Documentation To minimize Medicare audits, proper and complete billing documentation is required for Ambulatory Surgery Center (ASC) services. Accurate Documentation While the use of templates is acceptable sometimes, the paperwork must be extensive, precise and tailored to each individual patient to avoid any sort of copy-pasting. https://www.247medicalbillingservices.com | +1 888-502-0537

4. Avoiding Medicare Audits For Your ASC Billing Practice Coding Using the services of a qualified coder to conduct a performance audit might help you identify possible issues. E&M Coding According to statistics, physicians who over-code for evaluation and management services are at a considerably higher risk of being audited. Modifiers Modifiers have been an important part of the Medicare billing process since the implementation of Physician Payment Reform in 1992. https://www.247medicalbillingservices.com | +1 888-502-0537

5. Avoiding Medicare Audits For Your ASC Billing Practice Improve Track the accounts receivable that are pending to get a better collection. Track each figure quarterly and compare it with the last year's numbers for timely analysis of new procedures. Also, keep track of problematic accounts for potential challenges in the future. For example, late payments, frequent changes in contact details, or frequent declined payments are some of the very common giveaways for such problematic accounts. Outsourcing All these struggles can be easily managed by outsourcing medical billing and coding services. https://www.247medicalbillingservices.com | +1 888-502-0537

6. Avoiding Medicare Audits For Your ASC Billing Practice Conclusion: For any ASC Billing Practice, a Medicare audit can be an unwanted and unpleasant experience. While it is best to avoid it entirely, this is not always possible. Wondering how you can do everything on your own? Well, you don't have to. You can simply outsource Ambulatory Service Center billing to 24/7 Medical Billing Services which can take care of all your billing needs. Our most competent professionals and certified coders ensure that your billing system is constantly up to date with Medicare regulations while maintaining accurate and detailed documentation so that your practice doesn't need to face Medicare audits. Our in-depth knowledge and expertise in using codes enable us to maintain your ASC medical record system for consistency in medical coding and billing processes. https://www.247medicalbillingservices.com | +1 888-502-0537

7. Avoiding Medicare Audits For Your ASC Billing Practice About 24/7 Medical Billing Services: 24/7 Medical Billing Services is the nation’s leading medical billing service provider catering services to more than 43 specialties across the entire 50 states. You can rely on us for end-to-end revenue cycle management. We guarantee up to 10-20% increase in the revenue with cost reduction of your practice for up to 50%. Media Contact: Hari Sudan, 24/7 Medical Billing Services, 16192 Coastal Hwy, Lewes, DE – 19958 Tel: + 1 -888-502-0537 Email - info@247medicalbillingservices.com https://www.247medicalbillingservices.com | +1 888-502-0537