Between December 2020, and January 2021, together with our friends at AAPC, we conducted our annual survey of over 1,200 healthcare professionals like you to gather data on coding and auditing departments. Why do we do this?
Well, for one, compliance professionals consistently rank coding and billing issues as the number one risk to their compliance program.
But that’s not the only reason. We also conduct the survey so we can provide healthcare organizations with the opportunity to benchmark themselves against their peers, and other organizations across the country. Around here, we find the data fascinating, and even use it to hold our own standards up to critique and see how we can improve our internal best practices.
Most of you likely know that reporting audit results back to providers is a critical step in monitoring coding and billing compliance. And yet, 19% of organizations either don’t know if they include written results of provider audits, or simply do not include them at all. Other interesting data found in this year’s report?
30% of Organizations Do Not Conduct Provider Audits
85% of You Communicate Audit Results Back to Providers 100% of the Time
34% of Respondents are Using Auditing Software to Improve Your Efficiency