Have you ever asked to be paid less than what you’re worth? Or perhaps made a request for your department’s budget to be cut? We can’t speak for everyone, but for most, it’s safe to assume the answer is a resounding no.
At the end of the day, though, many healthcare systems around the country are doing just that – leaving money on the table when it comes to reimbursements. In fact, depending on the size of the organization, the absence of a sound Hierarchical Condition Category (HCC) strategy can translate to millions of dollars lost each year.
For many of us, this isn’t news. We know how complex HCCs, Risk Adjustment Factor (RAF) scores, and clinical documentation can be. That’s why IMO’s latest whitepaper dives deep into HCC reimbursement issues and explains how to set your institution up for success.