Interim Auditing - Medical Coding Reviews
HOW WE CAN HELP
Our comprehensive approach
Provide one-on-one coder development/improvement
Investigate skewed quality metrics
Address surging payor denial/appeal volumes
Supplement internal staff for focused auditing
Manage billing edits
Assess coding's role in CMI fluctuations
HOW WE CAN HELP
Benefits of Interim Auditing
Expertise on Demand: Interim auditors bring specialized knowledge and experience that may not be available within the organization. They can quickly identify issues, provide solutions, and ensure compliance with current healthcare regulations and coding standards.
Flexibility and Scalability: Healthcare organizations can scale their auditing needs up or down without the long-term commitment of hiring additional full-time staff. This flexibility is crucial for managing fluctuating workloads, such as during peak audit periods or when addressing specific compliance concerns.
Cost Efficiency: Employing interim auditors can be more cost-effective than hiring full-time staff, especially when the need for auditing is project-based or temporary. Organizations can avoid the overhead costs associated with permanent employees, such as benefits and training.
Objective Insight: External interim auditors provide an unbiased, fresh perspective on the organization’s processes and compliance status. This objectivity can be invaluable in identifying inefficiencies, potential areas of risk, and opportunities for improvement that internal teams might overlook.
Immediate Impact: Interim auditors can be quickly onboarded and begin delivering value immediately, addressing critical needs without the delay of recruitment and training processes. Their expertise allows them to hit the ground running, rapidly assessing and addressing complex auditing requirements.
Knowledge Transfer: Interim auditors can also serve as mentors to internal staff, sharing best practices, advanced techniques, and insights into regulatory compliance. This knowledge transfer can enhance the skills of the existing workforce, improving the organization's internal capabilities over the long term.
Compliance and Risk Mitigation: With their up-to-date knowledge of regulations and standards, interim auditors help healthcare organizations navigate the complex compliance landscape, reducing the risk of penalties, fines, or reputational damage due to non-compliance.
Enhanced Focus on Core Activities: By outsourcing auditing functions to interim professionals, healthcare organizations can free up internal resources to focus on their core activities and strategic initiatives, thereby improving overall efficiency and patient care quality.