More than 70 percent of medical practices are committing healthcare fraud...but they are not all criminals. According to healthcare attorney Mathew Levy, Shareholder and Director of Weiss Zarett and co-chair of the Firm’s corporate transaction and healthcare regulatory practice, many providers are simply using out of date codes, or may have been flagged by an insurance company algorithm because their billing practices are outside of the statistical norm. When does a practice need outside legal assistance? Levy breaks down a few common scenarios and offers valuable advice.
The Take-Away: Consult with experts early in order to ensure that your coding, billing, and even leasing activities are in compliance with state and federal laws.