What outcome can result from effective RADV audit preparation?

Preparing effectively for a RADV audit results in improved coding accuracy and reduced audit findings because it ensures that all documentation and coding practices are in alignment with regulatory standards. When healthcare organizations engage in thorough preparation, they often review and validate their coding practices, ensuring that they reference the appropriate clinical evidence and accurately capture patient diagnoses and services rendered.

This preparation typically includes reviewing medical records, ensuring proper documentation of claims, and ensuring that coding staff are well-versed in the latest coding guidelines. As a result, organizations can identify potential discrepancies or errors prior to an audit, leading to a cleaner, more accurate data submission. This attention to detail not only reduces the likelihood of findings during the audit but also enhances the overall integrity of the healthcare organization’s coding practices.

The other outcomes mentioned, such as higher chances of receiving bonuses, decreased patient satisfaction, or hiring fewer healthcare professionals, are not direct results of effective RADV audit preparation. Instead, they could be influenced by a variety of factors unrelated to the audit preparation process itself.