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CASE
STUDY #1
ERROR COSTS HOSPITAL $8000
A case study showed that after an initial audit conducted over several hundred records, a hospital had an error rate of less than 2.5%. However, that small error rate had actually cost the hospital approximately $8000 in lost revenue in two cases alone.
CASE STUDY #2
ERROR COSTS HOPSITAL $700
A small day surgery conducted a mini audit to check coder knowledge and interpretations of current coding standards. The results showed only minor discrepancies. However, these amounted to a shortfall in entitlements to the value of $700.
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