Here are seven things for ambulatory surgery center leaders to know for September 26, 2013.
5 new cosponsors sign ASC Quality & Access Act of 2013.
More than 70 Ambulatory Surgery Center Association members from 13 states participated in the most recent Washington Fly-In. Over the past week, the ASC Quality and Access Act of 2013 has gained five new cosponsors. The legislation now has the support of 33 cosponsors in the House of Representatives and seven in the Senate.
ASC revenue rises, inpatient surgery revenue declines.
Since 2007, ambulatory surgery center revenue has exhibited revenue growth in the low to mid-single digits, according a Moody's Investors Service report. On the other hand, inpatient surgery has shown a 0.22 percent annual decline in revenue.
AmSurg CEO sells 5k shares.
Christopher Holden, the CEO of ambulatory surgery center management and development company AmSurg, sold 5,000 shares of the company's stock. The transaction was a total of $187,800.
California eye group, surgery center to provide cataract surgery for uninsured patients.
On Oct. 20, physicians of Delta Eye Medical Group and San Joaquin (Calif.) Laser & Surgery Center will provide free cataract surgery to qualified patients. Delta Eye president Jeffrey Ing, MD, thought of the idea after several medical mission trips to developing countries.
CMS officially ends bariatric surgery accreditation requirement.
CMS has officially ruled that Medicare patients are no longer required to undergo bariatric surgery in an accredited facility, despite opposition from several groups including the American College of Surgeons and American Society for Metabolic and Bariatric Surgery. Major insurers including Aetna, Blue Cross Blue Shield, Cigna and United Healthcare still support bariatric surgery accreditation.
Urology association opposes Medicare physician fee schedule updates.
The Large Urology Group Practice Association has sent CMS a letter opposing revisions to Medicare payment policies under the physician fee schedule, clinical laboratory fee schedule and other revisions to part B.
PPACA exchanges to run even if Congress fails to pass spending bill.
The Patient Protection and Affordable Care Act state insurance exchanges scheduled to open on Oct. 1 will likely be able to run even if Congress fails to pass a spending bill and the federal government shuts down. The funding set to run the exchanges of 16 states and the District of Columbia will come from money that is imbedded in the 2010 healthcare reform law, rather than being subject to annual appropriations.
More Articles on ASC Issues:
How Can ASCs Take Advantage of Self-Insured Employers? Q&A With Tom Johnston
9 Recent Key Notes on ASC Management & Development Companies – AmSurg, SurgCenter Development & More
Eliminating Bad Debt: 4 Steps for Ambulatory Surgery Centers
5 new cosponsors sign ASC Quality & Access Act of 2013.
More than 70 Ambulatory Surgery Center Association members from 13 states participated in the most recent Washington Fly-In. Over the past week, the ASC Quality and Access Act of 2013 has gained five new cosponsors. The legislation now has the support of 33 cosponsors in the House of Representatives and seven in the Senate.
ASC revenue rises, inpatient surgery revenue declines.
Since 2007, ambulatory surgery center revenue has exhibited revenue growth in the low to mid-single digits, according a Moody's Investors Service report. On the other hand, inpatient surgery has shown a 0.22 percent annual decline in revenue.
AmSurg CEO sells 5k shares.
Christopher Holden, the CEO of ambulatory surgery center management and development company AmSurg, sold 5,000 shares of the company's stock. The transaction was a total of $187,800.
California eye group, surgery center to provide cataract surgery for uninsured patients.
On Oct. 20, physicians of Delta Eye Medical Group and San Joaquin (Calif.) Laser & Surgery Center will provide free cataract surgery to qualified patients. Delta Eye president Jeffrey Ing, MD, thought of the idea after several medical mission trips to developing countries.
CMS officially ends bariatric surgery accreditation requirement.
CMS has officially ruled that Medicare patients are no longer required to undergo bariatric surgery in an accredited facility, despite opposition from several groups including the American College of Surgeons and American Society for Metabolic and Bariatric Surgery. Major insurers including Aetna, Blue Cross Blue Shield, Cigna and United Healthcare still support bariatric surgery accreditation.
Urology association opposes Medicare physician fee schedule updates.
The Large Urology Group Practice Association has sent CMS a letter opposing revisions to Medicare payment policies under the physician fee schedule, clinical laboratory fee schedule and other revisions to part B.
PPACA exchanges to run even if Congress fails to pass spending bill.
The Patient Protection and Affordable Care Act state insurance exchanges scheduled to open on Oct. 1 will likely be able to run even if Congress fails to pass a spending bill and the federal government shuts down. The funding set to run the exchanges of 16 states and the District of Columbia will come from money that is imbedded in the 2010 healthcare reform law, rather than being subject to annual appropriations.
More Articles on ASC Issues:
How Can ASCs Take Advantage of Self-Insured Employers? Q&A With Tom Johnston
9 Recent Key Notes on ASC Management & Development Companies – AmSurg, SurgCenter Development & More
Eliminating Bad Debt: 4 Steps for Ambulatory Surgery Centers