Revenue Integrity Audits analyze the flow of charges from the point of order through to final third-party adjudication. These audits are an essential tool for visualizing the big picture with regard to charge processing and often identify additional opportunities which may otherwise go unnoticed. Even with a clean and compliant CDM, there are many other areas up and downstream that can have deficiencies leading to revenue loss, compliance risks, or both.
An IRI consultant will review a selection of encounters provided by your facility. This review may be performed on-site, or remotely. You choose the number of encounters you would like reviewed and the scope of clinical service areas (e.g., 20 cardiac catheterization encounters, 50 encounters from various clinical areas, etc.). The following elements are examined for each encounter:
Each encounter is examined to determine whether:
A written report and detailed line-by-line results are provided which identify any deficiencies in orders, documentation, charge capture, or reimbursement. Revenue Integrity Audits may be provided as a stand-alone service, or as an added component of a Charge Master Review. Please contact us for more information.
The Charge Description Master (CDM) is an essential tool for organizational success. CDM reviews ensure complete, accurate, and compliant Charge Master files.
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Experience has shown that having a clean and accurate CDM doesn't always translate into the correct charges being generated 100% of the time.
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Revenue Integrity Audits identify opportunities or deficiencies by analyzing the flow of charges from the point of order through to third-party adjudication.
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Researching important matters related to regulatory guidance, billing, coding, and reimbursement can be a full-time job. IRI consultants can save you time.
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IRI consultants are available to perform on-site training for your Revenue Cycle Staff. Our training programs are developed based on your requirements and needs.
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IRI educational workshops are regularly presented in an easy to understand format. Attendees bring back comprehensive manuals for future reference.
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Updating your CDM and associated systems in an accurate and timely manner is essential to avoiding billing delays, denials, or improper reimbursement.
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Ensure sustained accuracy and compliance via remote CDM management or support. The level of engagement of our consultants depends upon your needs.
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Price Transparency is now a requirement for hospitals. To avoid fines, hospitals need to produce a Machine Readable File (MRF) of all payer and plans reimbursement terms.
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