Mr. Chopra talked about the best practices for ASCs undergoing the budgeting process. He recommends administrators begin by anticipating procedure volume instead of carrying over from the previous year. Administrators also need to consider expected reimbursement levels according to existing payor contracts and payor mix.
Read the report about budgeting.
More Coverage of The C/N Group:
The C/N Group Partners With Florida Surgery Center
9 Strategies to Negotiate the Best Contracts With Payors
5 Ways to Improve Post-Operative Process in Surgery Centers
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
