ASCs that don’t want to fail should:
1. Plan ahead. ASCs fail due to a lack of planning. When developing an ASC, key planning includes routine communication with staff, setting goals and staff training. ASC owners shouldn’t be “hands off” when running the business.
2. Manage an out-of-network strategy. When dealing with out of network claims, ASCs should communicate with payers to determine if the center needs to file tax documents, or other paperwork to avoid denials.
3. Stay consistent with managing patient finances. Because physicians at ASCs often perform elective procedures, they are required to provide patient financial counseling. ASCs should try to be consistent with policies requiring payments before surgery, and with how they handle insurance plans.
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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.