Claims with more than 150 accounts receivable days carry a strong implication that something is wrong with the claim and it needs closer attention, according to an in2itive blog post.
It is important that ambulatory surgery centers undertake investigative tasks to look into all old claims that may be problematic. Here are five investigative actions to take:
1. Run an aging report.
2. Identify specific carriers or aging trends and high-dollar claims.
3. Investigate any state- and payer-specific requirements for the facility's geographical area.
4. Review all documentation on the claim.
5. Correct and resubmit the claim or appeal.
4 Ways to Increase Surgery Center Revenue Without Adding New Product Lines
ASC Industry Leader to Know: Tracey Erbert of in2itive
It is important that ambulatory surgery centers undertake investigative tasks to look into all old claims that may be problematic. Here are five investigative actions to take:
1. Run an aging report.
2. Identify specific carriers or aging trends and high-dollar claims.
3. Investigate any state- and payer-specific requirements for the facility's geographical area.
4. Review all documentation on the claim.
5. Correct and resubmit the claim or appeal.
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ASC Industry Leader to Know: Jocelyn Gaddie of in2itive4 Ways to Increase Surgery Center Revenue Without Adding New Product Lines
ASC Industry Leader to Know: Tracey Erbert of in2itive