How to Identify and Reclaim Lost Revenue in Hospitals & Healthcare Practices

Healthcare providers are leaving money on the table – but how do you find it?  Whether you are part of a small practice or a large healthcare system, there’s lost money somewhere.

With the 2021 guidelines, we found that nearly 11% of claims were under-coded. Now 2023 is looming with the same changes, and if your providers still don’t understand the guidelines, you’re going to lose even more.

We’re excited to share that Lori Cox, the AAPC Director of Client Services, is presenting our upcoming webinar, “Uncovering Lost Revenue Opportunities in Healthcare Billing.”

Lori will share:

• Common examples of missed revenue opportunities
• Reimbursement roadblocks that impact the bottom line
• The significant effect of incorrect modifiers and start and stop times

Date and Time: Wednesday, June 21 at 1 PM ET

Presenter: Lori Cox, AAPC Director of Client Services

We'll discuss real-world examples, like how medications are frequently billed with an incorrect number of units. Your practice buys the drugs, but the claim gets submitted with one unit when four were given. That’s lost valuable revenue and lost reimbursement on the cost of the drug.

Surgical procedures are often billed with incorrect modifiers or quantity. Injections or administrations get billed per component or by time, but the start and stop times are frequently not documented.

While these may seem like small oversights, they can add up to a startlingly large dollar amount. We’ll help you identify and reclaim lost revenue to drive financial efficiencies and success for your organization.