Physician Notes:
Medicare Overpaid Providers $13 Million in 2007 Due to Place-of-Service Errors
Published on Sat Oct 16, 2010
Plus: Medicare Wastes Millions On Capped Rental Repairs. Entering your place-of-service (POS) number on your claim form may seem routine, but keep in mind that it's just as important as your CPT and ICD-9 codes.That's because your claim can only be completely accurate if all of the information on it is correct -- and a recent OIG audit found that practices are not giving POS numbers the care they deserve.Based on a review of 100 non-facility Part B claims from 2007, the OIG found that only 10 of the sampled claims had the correct POS code assigned to it, resulting in overpayments of over $4,700. Based on the sample, the OIG estimated that Medicare nationally overpaid physicians $13.8 million in POS coding errors, according to the report, titled "Review of Place-of-Service Coding for Physician Services Processed by Medicare Part B Carriers During Calendar Year 2007." Physicians collect higher payments for services [...]