This week's note from the instructor looks as how to use E/M risk assessments as part of a strategy to measure the level of compliance with laws, regulations, and internal policies and procedures.
Q: Is it permissible to store paper patient records in a public storage unit? If so, do the storage units need to use specific safeguards to be HIPAA compliant?
Automating claim transaction saved the healthcare providers, including medical and dental providers, and payers $122 billion in 2019–2020 and moving to fully electronic transactions could yield an additional $16.3 billion in savings, according to the Council for Affordable Quality Healthcare Inc. 2020 Index.
This week’s Medicare updates include new items added to the OIG work plan, a download link for HCPCS codes which are excepted from the lab date of service policy, a new program instruction sheet for monoclonal antibodies used to treat COVID-19, and more!
Regular monitoring and internal auditing are critical to ensure compliance throughout the revenue cycle and protect revenue integrity. Consider the different strategies that can be applied to documentation and chart audits, coding audits, and more.
