Preventing Revenue Leakage by Addressing the Root Causes of Coding Errors

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It might be easy to overlook a medical coding error here or there. But, over time, the cumulative impacts can significantly undermine your hospital’s revenue stream and long-term financial health.

Veteran coding expert Stacey Sexton lays out the reality of coding mistakes — their underlying causes and viable solutions to consider — in our free on-demand webinar, “Unlocking Revenue Potential: How Accurate Medical Coding Drives Financial Success.”

“My goal is to help attendees gain a clearer understanding of what may be causing their coding dysfunction,” explains Sexton, Vice President, Health Information Services at TruBridge. “In addition, I aim to provide proven strategies that lead to cleaner claims and the full, appropriate revenue capture.”

Among the vital topics covered in this webinar:

The often unrecognized internal and external factors that impede accurate and compliant coding
An in-depth look at staff shortages — the largest single contributor to coding issues
Real-world examples of common coding and documentation missteps and how they could have been prevented
Tried-and-true strategies for building a strong foundation for high-quality coding, thus preventing or reducing costly mistakes

As Sexton points out, coding errors result in revenue losses of $25 billion to $30 billion annually across the U.S. healthcare system, according to the American Medical Association. Adding insult to injury, each denied claim requires $25 to $117 to rework. The good news is, these coding errors are largely preventable by proactively addressing their root causes.

Click on the link below to watch the full “Unlocking Revenue Potential: How Accurate Medical Coding Drives Financial Success” webinar now.