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A common reason for optometry billing errors in many healthcare facilities is not checking insurance. Some optometry medical facilities let the patients pass without checking their healthinsurance coverage in an effort to save time. A seemingly wise decision that can end up costing you dearly. .
Let us discuss the top compliance issues in the medicalbilling industry, shall we? HIPAA: The HealthInsurance Portability and Accountability Act( HIPAA) is a federal law that establishes the national standards for protecting the privacy and security of individuals’ personal health information ( PHI).
Compliance with Regulatory Guidelines Ensure that all claims are submitted per all applicable laws and regulations, including the HealthInsurance Portability and Accountability Act (HIPAA), the Affordable Care Act (ACA), and the Medicare Fraud, Waste, and Abuse (FWA) laws.
The HealthInsurance Portability and Accountability Act (HIPAA) was introduced in year 1996. As the name suggests, it was created to ensure that all ‘protected health information’ was appropriately secured and restricted access to be given only to authorized individuals. Another goal was to prevent healthcare fraud.
Introduction In the ever-evolving landscape of healthcare, compliance with the HealthInsurance Portability and Accountability Act (HIPAA) is crucial for protecting patient information and maintaining trust. Enacted in 1996, HIPAA is a federal law designed to safeguard patient health information (PHI) from fraud and abuse.
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