Dear colleague,

$1.1 BILLION was lost last year alone by healthcare providers because they didn’t know how to code their services correctly. That is more than the GDP of the entire rich country of Monaco! That’s a substantial amount of money. Money that rightfully belongs to you, the healthcare professional who works hard to provide the best care for the patient.

Many healthcare providers are so afraid of potential government auditing that they undercode intentionally, choosing to get paid less than they should just to be “on the safe side.” This happens because they lack the appropriate skills to code correctly.

It gets even worse…

$23 BILLION was the money overcharged by healthcare providers just last year. This also because of poor coding and billing knowledge. It seems a substantial number of healthcare providers are either losing money by undercoding, or inviting an unnecessary government investigation into their lives by overcoding.

How important is good coding anyway?

Good coding is crucial in the healthcare industry. Correct coding guarantees that you get paid the proper amount, and have peace of mind about your work knowing that no one will look over your shoulders.

Code lower and you will get a smaller paycheck, leaving money on the table that truly belongs to you. Code higher than necessary and you are inviting the government investigators into your job and home. You could potentially lose the license and the good reputation you have worked so hard to build. It has happened several times in the past, and it will happen more often now with the new government regulations in place.

Would You Attend a Highly Informative Workshop

That Will Help Make You A More Efficient and Accurate Coder?

Our workshop in of high importance now more than ever because of the new stricter laws that the government has recently passed in order to crackdown on many billing and documentation errors that occur in the health care field every day.

President Obama declared this new set of laws in his last visit to St. Charles, Missouri, in March, 2010.

Health care providers improve lives on a daily basis. In order to get paid they need to document their billing correctly, which is a delicate matter due to the complicated nature of the codes involved. Often, errors occur. When an undercoding error occurs it means that the health care provider will get paid less than they should. When an overcoding error occurs it could be classified as fraud if done intentionally, and that is a serious matter.

There were over $24 Billion worth of these errors last year alone, where $23 billion were caused by overcoding, and over $1.1 billion by undercoding. Those are huge numbers.

Many healthcare providers are so afraid of potential government auditing that they undercode intentionally, choosing to get paid less than they should just to be “on the safe side.”

Clearly, it is time health care providers update their billing and coding knowledge so that they are able to document correctly.

Are YOU ready to attend?

Learn more about the 2011 Workshop!