1. Ensure patients follow through on their payments. Many patients are seeking electronic ways to pay their bills, including online patient portals and automated payment plans. Efficiency is key to getting patients to pay their bills.
2. Track your claims. Make effectively managing your claims with payers a priority for your center. Consider using dashboards equipped with updated claims information to truncate denial rates and boost collections.
3. Educate your staff on the revenue cycle. Staff should be strategically aligned around a revenue cycle goal and understand the importance of an effective RCM practice. Staff often answers patients’ questions on what they owe and having informed staff often translates to more educated patients.
More articles on coding and billing:
Creating a competitive edge at your facility: The patient experience
3 thoughts on how changes in outpatient surgical codes, reimbursement affect ASCs
CMS to terminate Seattle ASC’s Medicare benefits after failed survey — 5 insights
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.
