Audits

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The Office of Inspector General included "identical notes" as an area of interest in its 2011 Work Plan. Make sure your patient notes reflect each unique encounter.

Given the heightened scrutiny of the medical industry on a variety of medical practice related issues from billing to HIPAA compliance, it should come as no surprise that the IRS is looking at medical practices and their accounting methods more carefully than ever before.

The days of paying someone to merely fill out a return and figure out what you owe with no creative input as to how legally minimize that obligation are long gone. It’s also important to know that practices that have been long standing and allowed or overlooked, if not actually codified in the tax code, may need to be changed.

Prepping Your RAC Appeal

The Recovery Audit Contractor (RAC) program is picking up steam, and practices should be prepared for an appeals process. Healthcare attorney Andrew Wachler walks through what you need to know about the appeals process.

In her MGMA session on the internal checks and balances practices should implement to prevent fraud and embezzlement, Susan F. Childs noted that 75 percent of businesses have a risk of theft or embezzlement. Is your practice at risk? Find out how to assess your practice procedures and prevent theft in your practice.

Mainstream EHR vendors have gotten better at catering to physicians in specialties outside of primary care, but don't count out niche EHR vendors. We help you examine your purchasing options.

The Physicians Practice team will be covering the 2010 MGMA Annual Conference in the Big Easy October 24 through October 27. We'll be posting podcasts, videos, and articles, all keeping you up-to-date on the latest sessions, speakers, news, and practice management advice.

A brief explanation of the patient's background, condition, and prognosis might be sufficient to document an encounter, an EHR note will go on for screen after screen of redundant text. As a result, it's difficult to spot the important points in an EHR-generated note. That's a problem, not only for physicians looking over their own notes, but also for communications between referring physicians and consultants.

Chances are you are going to get audited in the next few years. But don’t panic - use our audit guide to get your practice prepared instead.

Coder in Residence

The benefit of having your own in-house billing department is that they are well-versed in billing procedures for your practice and specialty.