DecisionHealth, DecisionHealth - 2011 Issue 8 (August)
Physician practices increasingly turn to audit insurance
The financial and emotional cost of dealing with a billing audit, HIPAA investigation or other compliance problem can be daunting. That’s why many of your colleagues are turning to audit insurance to help them out in the event they end up in a regulator’s crosshairs. Audit insurance, sometimes called investigation, regulatory, cyber liability or “medefense” insurance, won’t cover actual overpayments or admissions of fraudulent billing.
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