Medical Billing Mistakes to Avoid in 2023
In 2023, medical billing errors can have significant consequences for healthcare practices, leading to denied claims, delayed payments, and reduced revenue. To avoid these mistakes, it's important to be aware of the following: Incorrect coding: Using the wrong codes or not using the latest codes can result in denied claims or reduced reimbursement. Ensure that you or your medical billing company stay up-to-date with the latest coding guidelines. Incomplete or incorrect information: Providing incorrect patient information or missing important details on the claim form can result in denied claims or delayed payments. Upcoding or Unbundling: Billing for a more complex or extensive service than was actually provided, or breaking down a single service into multiple components to increase reimbursement, is considered fraud and can result in fines or penalties. Not staying up-to-date with regulations: The medical billing landscape is constantly changing, and it's essential to stay in