Big tech is transforming every aspect of our world. But how, and at what cost? This season of Land of the Giants – The Disney Dilemma – focuses on Disney’s ability to weather the ups and downs of the business cycle and changing tastes and explores what has kept it successful for over 100 years. The entertainment giant has leveraged nostalgia and its intellectual property to build a beloved brand, but after an acquisition spree that included Marvel, Lucasfilm, and 20th Century Fox, can it sus ...
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Summary
In this episode, Sean Weiss and Terry Fletcher discuss the complexities of healthcare compliance, emphasizing the importance of understanding various regulations, authoritative documentation, and the necessity of thorough preparation for audits and investigations. They highlight the challenges faced by medical practices in navigating compliance issues and the critical role of state regulations in healthcare. The conversation underscores the need for healthcare professionals to dig deeper than just relying on CPT codes and to be well-informed about the various guidelines and policies that govern their practices.
Takeaways
- Healthcare professionals often lack understanding of compliance requirements.
- CPT codes are just one part of a larger compliance framework.
- State regulations can supersede federal guidelines in healthcare.
- Authoritative documentation is crucial for defending practices.
- Audits are becoming increasingly common in healthcare.
- Relying solely on CPT can lead to compliance issues.
- Healthcare providers must be prepared for inquiries from payers.
- Understanding acronyms like E&M and CMS is essential for providers.
- Consultants play a vital role in navigating complex regulations.
- Continuous education and awareness are necessary for compliance.
397 episodes