Why must prospective audits be completed promptly?

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Completing prospective audits promptly is vital primarily because it helps to avoid delays in claims submission. When audits are conducted in a timely manner, any issues related to documentation, coding, or compliance can be identified and rectified before claims are submitted. This proactive approach reduces the likelihood of claim denials or delays in payment, ensuring that healthcare providers receive timely reimbursement for services rendered. The efficiency of the entire billing cycle is enhanced when prospective audits are executed without unnecessary delays, contributing to a smoother revenue cycle for the practice.

While the other options may seem relevant, they do not directly address the pressing need for timely auditing in relation to claims submission and revenue flow. Enhancing audit skills, ensuring accurate training, and preparing for regulatory changes are important aspects of an audit program, but they do not capture the immediate operational impact that timely audits have on the claims process. The priority is clearly geared towards maintaining the integrity and continuity of financial operations in healthcare settings.

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