Benefits of Not Carving Out Spine Implant Costs: Q&A With Beth Johnson of Blue Chip Surgical Center Partners
Beth A. Johnson is vice president of clinical systems for Blue Chip Surgical Center Partners.
Q: There is a common belief among many surgery center operators that the best way to ensure profitability is to carve out spine implant costs. Do you agree with this strategy?
Beth Johnson: While some centers carve out these costs, it's much more favorable if you can negotiate good global rates. With carve outs, normally there is a requirement to send the insurance company implant invoices, which slows down payment. If you know your costs and have them up to date before negotiating global rates, you can benefit from this type of reimbursement. We feel it's more favorable financially to have all your cost data and then negotiate rates that cover your costs.
Learn more about Blue Chip Surgical Center Partners.
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
Latest Articles
- Distraction Reduces Perceived Pain
- Study: Nucynta Effective Pain Reliever for Diabetic Peripheral Neuropathy
- American Board of Internal Medicine Discusses Initiative to Limit Medical Tests
- Disciplinary Actions From State Medical Boards Increase
- Two Anesthesiologists Selected to Lead St. Joseph Medical Center Anesthesia Department
Dow Jones
Company ID [INDEXDJX:.DJI] Last trade:12,369.38 Trade time:4:03PM EDT Value change:▼73.11 (-0.59%)NASDAQ
Company ID [INDEXNASDAQ:.IXIC] Last trade:2,778.79 Trade time:5:16PM EDT Value change:▼34.90 (-1.24%)S&P 500
Company ID [INDEXSP:.INX] Last trade:1,295.22 Trade time:4:33PM EDT Value change:▼9.64 (-0.74%)
Channels
