Tebra surveyed 122 small private practice owners to uncover their biggest cost burdens and where they’re making up for them.
Here are the strategies surveyed physicians said they employ to maximize reimbursements and payments:
- Collect payment at time of service: 69%
- Stay on top of coding updates: 64%
- Hiring capable front desk staff: 64%
- Ensure documentation supports services billed: 53%
- Meticulous documentation: 50%
- Regular staff training: 42%
- Strong financial policy: 39%
- Digital patient intake: 20%
- Claim scrubbing software: 14%
- Pre-submission charge review process: 14%
- Advance Beneficiary Notice for non-covered services: 12%
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.