Post-audit Risk Mitigation

MessageThis Webinar is over
Date Jun 9, 2015
Time 12:00 PM EDT
Cost $139.00
Online
Overview: Recovery audits of all types have increased to such a degree that they are now more of the rule than the exception. When you consider government program such as CERT, HEAT, RAC, ZPIC, MIC, MAC, OIG and then factor in private payer audits and recoupments, it begins to feel more like a war zone than a healthcare organization. The practice has two distinct opportunities at their disposal; pre-audit risk assessment and the post-audit risk mitigation. In this session, Frank Cohen, data analyst and applied statistician will lead you through the step-by-step process to both analyze the audit results and mitigate the financial impact of extrapolation. 

Why should you attend: In this session, Frank Cohen, statistician and risk analyst, will go over the six key areas CMS requires to conduct an extrapolation analysis. This includes validating the randomness of the sample, calculating the correct point estimate and sample error and verifying the method and results of the extrapolation. When complete, attendees will have the information necessary to understand the workflow behind mitigating the financial impact of an extrapolation audit.

Areas Covered in the Session:
  • Learn about the different types of recovery audits
  • Understand how auditors profile your practice
  • Learn basic analytical and statistical techniques
  • Identify when samples are biased
  • Create your own point estimates and sample error
  • Hear how others have mitigated financial damage through case examples

Who Will Benefit:
  • Chief Compliance Officer
  • Director of Compliance
  • Coding Manager
  • Billing Manager
  • Audit Manager

Frank D.Cohen is the Director of Analytics and Business Intelligence for Doctors Management, a Knoxville-based healthcare consulting firm. His areas of expertise include applied statistics, data mining, predictive analytics and process improvement. 

MentorHealth
Roger Steven
contact no: 800-385-1607
fax no: 302-288-6884
Event Link: http://bit.ly/1D0Um0w
support@mentorhealth.com
www.mentorhealth.com

 


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