Single Path Coding: Opportunity or Liability?

General News

Summary

As healthcare organizations continue to explore innovative opportunities to drive efficiencies and contain revenue cycle labor costs, single path coding has emerged as one potential solution. To maximize efficiency, healthcare organizations must be able to purchase or create a solution that brings the professional and facility information onto a single screen. With the primary goal of improved productivity, coders shouldn’t need to toggle back and forth between systems and/or screens to code a single encounter. In most cases, healthcare organizations won’t have one coder who has the requisite experience and skillsets to code both the facility and professional services elements of an encounter. The key is to audit frequently while simultaneously using technology that performs an automated analysis of facility coding and charge accuracy prior to billing.

Classifications

industries
HealthTech
applications
Accounting and Taxes

AskAI Classifications

Labels
Healthcare Software SaaS Revenue Cycle Management Software

Linked Companies

Streamline Health
$10M to $25M