To ensure financial viability, hospital and health system executives must proactively address the problem of charge capture accuracy to prevent leakage, and compliance issues. This requires a holistic and data-driven approach that embraces both hospital and health system-owned physician practices. The question is, how can executives manage this process across the entire healthcare spectrum to achieve positive and sustainable results? The answer may lie in the power of data mining and predictive analytics.
This white paper examines the following:
- Common reasons why hospitals and health systems inadvertently omit charges
- Importance of integrating charge data from hospitals and physician practices
- Existing and emerging technology that helps address the problem of charge capture leakage