What is the primary benefit of ensuring timely data and billing to prevent FWA?

Ensuring timely data and billing is critical in preventing fraud, waste, and abuse (FWA) because it directly contributes to maintaining accurate records throughout the healthcare process. When data is processed promptly, it minimizes the risk of discrepancies and inaccuracies that can be exploited by fraudulent actors. Accurate records are essential for verifying services provided, billing correctly, and tracking patient care history. This compliance not only helps in swift resolution of issues but also deters fraudulent activities by making it more difficult for unethical behaviors to go unnoticed. By focusing on the quality and integrity of data and billing practices, healthcare organizations can uphold their responsibilities and reduce the risk of financial losses due to fraud.