Who Needs a Webinar on Billing Audit Risk?
According to Improper Medicare FFS Payment Report (2003), “Chiropractors have the highest provider compliance error rate in Medicare, filing claims incorrectly 30.6% of the time.” “No insurance company offers protection against potentially enormous penalties in case of post-payment audit,” says Jeff Randolph, Esq., Legal Counsel to the Association of New Jersey Chiropractors. The severity of provider penalties following post-payment audit have escalated in the past two to three years from relatively non-adversarial audits and occasional return of payments to very high fines, suspension or loss of license, and imprisonment. If any chiropractic practice has a 30.6% chance of being audited and no insurance offers protection against audit risk, then the only rational way to protect the practice is to develop an in-house audit defense strategy. The primary objective of a chiropractic audit webinar is to train practice owners and managers in simple and effective techniques to reduce both the