Physicians Practice May 24, 2021
Miscoding and fraudulent billing can destroy a medical practice. Use these tips to get robust oversight of your medical billing and coding in place.
The work billers and coders do for a medical practice plays a large role in its survival. Coders and billers are tasked with translating the care delivered by medical professionals into billable services, using a complex system of CPT, ICD-10, and HCPCS codes, all while maintaining compliance with ever-evolving insurance industry regulations.
Because of the tediousness of the job, coding and billing mistakes in medical practices are common. However, when a miscoded procedure is the result of substantial negligence or fraud, it can be detrimental to a medical practice or physician. That is why it’s vital...