Billing and computerized coding vendor A-Life Medical has launched its CoAudit medical coding audit software, designed to simplify compliance and uncover lost revenue by discovering errors, omissions, fraud, and abuse.
The San Diego company's software automates the audit process by using statistical methods to produce a random sample of medical records. It presents data on screen for scoring and generates an audit report highlighting compliance issues and potential revenue loss.
By AuntMinnie.com staff writers
August 7, 2006
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