Outpatient Surgery Magazine

Time for a Raise? - January 2013 - Outpatient Surgery Magazine

Outpatient Surgery Magazine, providing current information on Surgical Services, Surgical Facility Administration, Outpatient Surgery News and Trends, OR Excellence and more.

Issue link: http://outpatientsurgery.uberflip.com/i/140562

Contents of this Issue

Navigation

Page 25 of 151

OSE_1301_part1_Layout 1 1/11/13 10:52 AM Page 26 CODING & BILLING er. Over-reporting of some modifiers, up-coding and other errors in reporting the procedures performed can flag your facility for unnecessary audits. Audits can be burdensome to deal with financially and administratively, ultimately impacting cash flow if results aren't favorable. 4 steps to a coding compliance plan A coding compliance plan can help safeguard your facility against these revenue pitfalls. Here are steps you can take to get a compliance plan in place: 1. Develop a policy for coding compliance. Include it in your corporate compliance plan and have your board of directors approve it. An effective coding compliance policy addresses the number or percentage of charts you'll audit, audit intervals, the means by which you'll audit the charts and how you'll handle the results. Results are better aligned with the intention of a compliance policy when an outside agent performs the audit. The coding accuracy expected from your coding staff should be between 90% and 100%. If these expectations aren't met, your compliance policy should outline what steps your facility will take to get the results where they need to be. For example, you could offer training or create policies to address problem areas. 2. Educate your staff on the compliance plan. Ensure your staff understands the importance of the compliance plan and the expectations for accuracy. Make sure that you present the plan in a positive light and assure them that your intention is to reduce risk while providing them 2 6 O U T PAT I E N T S U R G E R Y M A G A Z I N E O N L I N E | J A N U A R Y 2013

Articles in this issue

Archives of this issue

view archives of Outpatient Surgery Magazine - Time for a Raise? - January 2013 - Outpatient Surgery Magazine