MDaudit is featured in Billing-Coding Advantage Magazine for its innovative strategies in enhancing billing compliance and revenue integrity. The article, titled “Crafting a Comprehensive Approach to Billing Compliance,” discusses the increasing pressures healthcare organizations face from intensified audits and pre-payment claim scrutinies by both federal and commercial payors. These external challenges, coupled with internal demands to optimize revenue cycles amidst staffing shortages, necessitate a shift from traditional audit strategies to more dynamic, risk-based approaches.
The piece highlights how DHR Health, a rapidly expanding physician-owned health system in Texas, leveraged MDaudit’s platform to transform its compliance processes. By adopting a hybrid auditing strategy supported by advanced AI-enabled denial management technology, DHR Health increased monthly retrospective audits by 900% and prospective audits by 200%. This led to a significant improvement in coding accuracy rates, achieving a 99.9% accuracy rate, and enhanced provider accuracy by 22%. MDaudit’s solutions enabled DHR Health to proactively identify and correct billing issues, streamline audit processes, and establish a solid foundation for future growth.
Read the full article here: Crafting a Comprehensive Approach to Billing Compliance.