What is the Value of an External Chart Audit?
A key component of any compliance program is an effective audit process. Many outpatient practices consider selling or merging with larger entities. Your compliance program will be reviewed as part of any acquisition process. An audit is typically performed to uncover potential liability and risk. LW Consulting, Inc. (LWCI) strongly emphasizes the importance of conducting an external chart audit before diving into any acquisition preliminary work to enhance the value and smoothness of the negotiation…
