An audit is not always a negative thing, especially when it comes to workers' compensation medical bill review, where unchecked billing errors can have a significant impact on an organization's bottom line. Potentially inaccurate billing practices are difficult to identify with an untrained eye — though they could be significantly increasing payors' total medical spend on workers' compensation claims.

Auditing — a crucial but often forgotten or under-executed part of the claims process — can help payors identify questionable billing practices and prevent overpayment on workers' compensation claims.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.