Are You Losing Revenue by Undercoding?
Because of a fear of overcoding, undercoding is prevalent in many practices. This means lost revenue that is rightfully due to the practice. Correct coding can be a significant opportunity for revenue enhancement without additional resource consumption.
Coding is the physician's responsibility, and each physician is accountable for coding that doesn't conform to government compliance standards. While staff may assist, physicians must review the evaluation and management, surgical, and diagnosis codes for accuracy before submitting claims.
TMA Practice Consulting can audit your charts to see if your practice is overcoding, undercoding, or coding correctly. By analyzing a representative sample of patient charts and corresponding explanations of benefits, claims, and fee tickets, TMA's certified professional coders can identify problem areas and recommend improvements.
A yearly chart audit by a TMA consultant can help you collect the reimbursement revenue you've earned. To set up a review, contact TMA Practice Consulting at (800) 523-8776, or e-mail TMA Practice Consulting.