Hospital Revenue Integrity Best Practices
Most every hospital cfo recognizes the need for revenue integrity but many hospitals are still tinkering with how ri fits into their organization.
Hospital revenue integrity best practices. Remember that revenue integrity is not just for hospitals. Revenue integrity for a hospital is more than being morally upright. Ten years ago not many hospital administrators would list revenue integrity as a major concern but today the concept is more important than ever. Being fully compliant in coding and billing practices also reduces the risk of costly downstream efforts such as managing external audits and even payment denials.
According to a 2017 hfma survey of 125 hospital and system financial executives 22 identified ri as the leading priority for their organizations but fewer than half of those respondents 44 have established ri programs.