The end of the year is the perfect time to clean financial house. Here are two year-end billing issues to keep in mind, according to a MediGain blog post.
• Billing errors. Billing errors can result in denied claims or delayed payment. Carefully evaluate coding and billing processes to identify any areas that need improvement.
• Upcoming rules and regulations. New rules and regulations continue to roll out, and failure to keep up can lead to difficulty receiving proper payment. Consider spending time and resources on up-to-date software and staff training to minimize impact on cash flow and profit.