PYA White Paper Provides Guidance on Medical Necessity

PYA (Pershing Yoakley & Associates), a national healthcare consulting and accounting firm, has released a new white paper exploring best practices in medical necessity to help providers avoid denials and recoupments.

Press Release (ePRNews.com) - KNOXVILLE, Tenn. - May 03, 2017 - A new white paper from PYA, “Medical Necessity—Current Status, Key Best Practices in Prevention of Medical Necessity Denials and Recoupments,” explores medical necessity across multiple service areas and offers guidance for healthcare providers to avert denials and recoupments.

Providers often find that some of their greatest challenges in providing and billing medical services lie in the copious and detailed documentation required for demonstrating medical necessity.  Failure to meet conditions of payment and coverage requirements may also result in denial of reimbursement.

PYA’s white paper addresses key areas of medical necessity, including directives, denials, excluded services, bundled services, investigational drugs, skilled nursing facilities and inpatient rehabilitation services, advanced beneficiary notification, and self-disclosure, among others.  It also offers guidance for staying compliant with medical necessity requirements.

According to the paper, “With the establishment of the Affordable Care Act, Recovery Audit Contractors (RACs), and increased surveillance by the Office of Inspector General (OIG), ‘medical necessity’ has become a key, and sometimes feared, buzzword for healthcare providers.  The term broadly governs numerous aspects of healthcare and can present challenges in billing, reimbursement, and compliance.”

PYA’s compliance team possesses a diverse range of expertise and experience that includes, but is not limited to, compliance program infrastructure and assessment, enterprise risk assessments, coding, internal audit, governmental investigation response, governance structures, patient safety organizations, patient safety evaluation systems, and Independent Review Organization services.  In addition, PYA has conducted more than 700 medical-necessity-related reviews on behalf of our clients, including expert testimony at the administrative law judge level.  PYA is committed to working alongside organizational leadership and front-line staff team members to mitigate risk and maximize overall compliance practices for organizations.

To view the white paper in full: http://info.pyapc.com/hubfs/White-Papers/Medical-Necessit…

About PYA

For over three decades, PYA (Pershing Yoakley & Associates, P.C.), a national healthcare consulting and accounting firm, has helped clients navigate and derive value amid complex challenges related to regulatory compliance, mergers and acquisitions, governance, business valuations and fair market value assessments, multi-unit business and clinical integrations, best practices, tax and assurance, business analysis, and operations optimization.

PYA’s steadfast commitment to an unwavering client-centric culture has served the firm’s clients well.  PYA consistently is ranked among the Top 20 healthcare consulting firms in the U.S. by Modern Healthcare.  PYA affiliate companies offer clients world-class data analytics, professional real estate development and advisory resources for healthcare providers, comprehensive claims audits for self-insured Fortune 500 companies, wealth management and retirement plan administration, and business transitions consulting.

PYA assists clients in all 50 states from offices in Atlanta, Kansas City, Knoxville, Nashville, and Tampa.  For more information, please visit http://www.pyapc.com.

Source : PYA Follow on Google News
Business Info :
PYA (Pershing Yoakley & Associates, P.C.)
2220 Sutherland Avenue
Knoxville, Tennessee - 37919 United States
Phone: 8656730844
Website: http://www.pyapc.com
CATEGORIES : Healthcare
SHARE :  

Login

Or using ePRNews Account

Don't have an account ? Sign Up

Register New Account

Already have an account ? Login

Reset Password

Already have an account ? Login

DISCLAIMER

If you have any concerns regarding this press release, please contact the Author / Media Contact / Business of this press release. ePRNews is not resposible for the accuracy of the news posted and do not endorse, support any product/ services/ business mentioned and hereby disclaims any content contained in this press release.