What type of training should staff receive to ensure readiness for a RADV audit?

The correct choice emphasizes the need for comprehensive training that specifically addresses compliance and coding practices, which are critical components in preparing for a RADV audit. In a RADV audit, accuracy in data reporting directly influences the calculation of risk-adjusted premiums, so staff must be well-versed in how to code accurately and comply with regulations.

Training that focuses on compliance ensures that staff understands the legal and regulatory standards that govern documentation and coding. In addition, it helps them grasp the importance of accurate data entry and the consequences of errors in coding, which can lead to significant financial repercussions during audits. This understanding prepares the team to respond effectively to audit inquiries and reinforces the integrity of the organization’s reporting practices.

On the other hand, training focused only on financial outcomes, general training without specifics, or training from external entities alone would not equip staff with the tailored knowledge of compliance and coding practices necessary for a successful RADV audit. Financial outcomes may reflect data quality but do not provide the depth of knowledge required for coding precision. General training lacks the specificity needed to handle the nuances of RADV audits, and while external training can be valuable, it should complement internal compliance training rather than serve as the sole resource.