The billing mistake involved a lack of timeliness with Medicare filings. Because the filings weren’t completed within the required time period, Sidney lost about $3.1 million in adjustments in the 2015-2016 fiscal year, according to the article.
“As far as the board is concerned, what transpired isn’t acceptable,” board chairman Randy Johnson said during the annual Sidney Health Center membership meeting Wednesday, according to the report. “It’s an embarrassment to the hospital.”
In light of the billing mistake, Sidney is working on improvements to its billing system. These efforts include having financial consultant Medi Revv review claims more than 90 days old, according to Sidney Health Center CEO Rick Haraldson. “It gives us a backstop,” he said in the report. According to the report, efforts also include more detailed reporting.
Sidney officials stressed this week that the facility is still heading in the right financial direction despite the billing mistake, reports Sidney Herald.
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