Sunday, April 30, 2023

Medical Billing Fraud and Abuse ... How to Stop It.

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Medical Billing Fraud and Abuse … How to Stop It. Healthcare facility and Doctor scams and abuse represent 3-10% of all health care costs.

This indicates, a business with 1,000 staff members is investing $300K- $1M annually as an outcome of scams and violent billing practices.

Medical professional and Hospital might participate in ‘Upcoding’ to optimize repayment. They do not see altering codes to optimize repayment as ‘Upcoding,’ however there is a great line in between properly coding and ‘Upcoding.’

Insurance provider typically reject claims and need previous permission. These practices do not stop scams and abuse. Typically the rejections and previous permissions miss out on the deceitful claims and violent billing practices.

Solutions consist of: 1) Become Self-Funded and evaluate your own claims, 2) Move far from Fee-for-Service to non-claims-based health care services such as an on-site or near-site center or direct contracting.

Sources:
https://journalofethics.ama-assn.org/article/what-should-health-care-organizations-do-reduce-billing-fraud-and-abuse/2020-03

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7024753/

https://academic.oup.com/cid/article/62/6/695/2462767

https://www.commonwealthfund.org/publications/2021/apr/changing-diagnosis-patterns-are-increasing-medicare-spending-inpatient

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