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10 Benchmarks for Billing and Collections |
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Written by Rob Kurtz
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Wednesday, 24 September 2008 |
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Here are 10 billing and collections benchmarks you can use to gauge the efficiency of your ASC. Look for coverage of billing and collections and best practices to improve their efficiency in the Nov./Dec. issue of Becker’s ASC Review.
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Saving Our Center: How We Turned Around an Underperforming ASC |
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Written by Mark Beaugard, MD
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Wednesday, 24 September 2008 |
Risk vs. opportunity
Roughly 30 percent of ASC businesses fail, and many more never meet
their financial goals and projections. That is a scary number for
physicians to consider as they seek to develop their own ASCs, whether
independently or as a joint-venture with a hospital. My experience in
developing a multi-specialty ASC along with a group of colleagues and
in partnership with a local non-profit hospital gave me real insight
into the reasons behind those infamous statistics.
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10 Women Leaders to Know in the ASC Industry |
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Written by Staff
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Wednesday, 24 September 2008 |
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Here are 10 women leaders to know in the ASC industry. Look for more women leaders to know in the Nov./Dec. issue of Becker’s ASC Review.
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Northstar Healthcare Appoints Silvano Ghirardi Interim CEO |
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Written by Staff
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Tuesday, 23 September 2008 |
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Northstar Healthcare has announced a strategic realignment under which the company is strengthening its executive team with the appointment of Silvano (Syl) Ghirardi as interim CEO and also reducing its monthly dividend to reflect current and expected cash flow. |
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Meridian Surgical Partners Acquires Northwest Neurospine |
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Written by Staff
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Monday, 22 September 2008 |
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Meridian Surgical Partners has announced the acquisition of a partnership interest in the Northwest Neurospine Institute, located in Eugene, Ore. NNI represents Meridian's ninth ASC acquisition since its founding in 2006. |
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AMA Denied Request for Injunction Against United Healthcare; RICO Claim May Continue |
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Written by Stephanie Wasek
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Friday, 19 September 2008 |
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A class-action lawsuit against United Healthcare(UHC) has been denied its request for an injunction that would have stopped UHC's using certain practices to determine payment for out-of-network services. The suit, led by the American Medical Association and representing numerous employee health plan participants, can however continue with its claim that UHC violated the Racketeer Influenced and Corrupt Organization Act by understating its calculation of "usual, customary and reasonable" (UCR) charges when paying physicians or reimbursing patients for out-of-network medical services. |
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Baucus, Grassley Agree to Drop Physician-Owned Hospitals as Offset From Upcoming Bill |
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Written by Stephanie Wasek
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Friday, 19 September 2008 |
Physician Hospitals of America reports that it has "received information … that physician hospitals are no longer being used as an offset in the Mental Health Parity bill," says Molly Sandvig, JD, the organization's executive director. "The MHP bill was added to a pending 'tax extender' bill, which also covers the Alternative Minimum Tax issue. Although there was a rumor that physician hospitals may be added to the tax extender bill, that rumor has also been put to rest.
"This is a great outcome for our industry." |
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Hospital to Pay $89 Million to Settle Medicare, Medicaid Fraud Allegations |
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Written by Stephanie Wasek
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Friday, 19 September 2008 |
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Staten Island University Hospital (SIUH) has agreed to pay the federal government $74 million to settle claims that the hospital defrauded Medicare, Medicaid and the military's health insurance program, TRICARE, the U.S. Justice Department and the Eastern District of New York have announced. The hospital will also pay New York nearly $15 million representing damages sustained by the state's Medicaid program. |
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6 Trends in Minimally Invasive GYN |
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Written by Stephanie Wasek
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Thursday, 18 September 2008 |
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Increased use of global endometrial ablation (GEA) devices, uterine artery embolization (UAE) devices, hysteroscopes and endometrial resection devices for minimally invasive hysterectomy alternative procedures will drive large growth in the minimally invasive GYN market, according to Global Markets for Hysterectomy Alternatives 2008.
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