Financial Stability: Accurate billing ensures that healthcare facilities receive appropriate compensation, which is essential for maintaining financial health. Regulatory Compliance: Adhering to billing guidelines helps in complying with regulations set by bodies like CMS (Centers for Medicare & Medicaid Services). Patient Trust: Accurate billing fosters trust between patients and healthcare providers by ensuring transparency in financial transactions. Audit Prevention: Reducing errors minimizes the risk of audits, which can be time-consuming and costly.
