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Everything You Always Wanted to Know About Statistical Sampling but Were Afraid to Ask

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Aggressive and intense extrapolation audits are coming your way. Get prepared to defend your organization.

Price: $259.00

Product Code: AR051221


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Description Biography
 

If you look, touch, handle or pass along any claim you must have a basic understanding of statistical analysis, particularly in knowing how to create internal statistical sampling in order to ward off the intrusion of external auditors.

Not a seasoned compliance person? Not familiar with sampling and statistical analysis? No worries. This webcast is designed especially for you. Here's why: your facility needs to conduct regularly scheduled internal audits along with reviews of your coding and billing to ensure compliance. And understanding how to perform a sample review will help you to determine if there is a potential problem, including the scope of the problem. Moreover, internal reviews may be required by your Medicare Administrative Contractor (MAC) as well as private payers. And with private and governmental auditors becoming more and more aggressive with extrapolation audits, it's essential to understand the methods they are using in order to respond to and defend against poor sampling techniques.

Unfortunately, too few compliance professionals understand the statistical sampling process necessary to deal with auditors and to maintain internal compliance. But you could make a difference and this webcast can help you make that difference at your facility.

During this RACmonitor webcast, Frank Cohen describes different types of statistical sampling that you'll need to understand in order to defend against extrapolation audits. You'll learn from Frank how to create statistically significant samples for internal audits. This greater knowledge will enable your organization to improve compliance, prepare for outside audits, validate internal coding and billing, even audit for ROI on educational efforts.

Register now for this essential webcast and learn how to leverage statistical sampling to benefit your organization. This webcast is tailored for you, especially if don't know about statistical analysis but were afraid to ask.

Why This is Relevant:

There has been a marked increase in the frequency and aggressiveness of extrapolation audits. CMS is gearing back up and you can expect the intensity of these audits to increase. In order to defend against these audits, you must have a firm understanding of statistical sampling and be able to apply it to different situations.

Learning Objectives:

  • Get a foundational understanding of statistical sampling
  • Become educated to the basics of random vs. non-random sampling
  • Learn about the different types of samples required for different situations
  • Apply the lessons learned to create your own internal audit samples
  • Be able to present a reasonable objection to extrapolation au-dits when poor sampling techniques are used

Who Should Attend:

Compliance managers, officers and professionals; Chief Compliance Officers; Audit managers; Denials and appeals specialist; coders and billers.


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