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Hospitals forfeit major revenue stream by delaying elective surgeries — 5 things to know
CMS, the Ambulatory Surgery Center Association and the American College of Surgeons are among the many organizations asking hospitals to minimize, postpone or cancel elective procedures until the COVID-19 outbreak is under control. -
Improving ASC KPIs: Collections, write-offs, and 3 overlooked credit metrics
ASCs that effectively implement processes to monitor and analyze key performance indicators (KPIs) strengthen their center's revenue cycle performance. This is made possible by recognizing problems that negatively affect revenue and profits. Once identified, ASCs can apply data-driven changes that stop and reverse negative trends. -
Allegheny Health ASC volume spiked 9% in 2019, net income up $95M — 5 things to know
Allegheny Health Network's 2019 net income was up $95 million year over year, and ASC volume increased by about 9 percent, according to TribLive. -
Michigan ASC onboards administrative specialist — 3 insights
Copper Ridge Surgery Center has a new administrative team member, according to the Traverse City Record-Eagle. -
Envision to nix unexpected costs for coronavirus tests, services: 4 details
Envision Healthcare confirmed it will provide care for patients with coronavirus without charging unexpected costs. -
3 ways ASC leaders can improve billing
ASC software company Surgical Information Systems outlined key strategies ASCs should use to make their billing processes run smoother. -
Online payments on the rise across specialties — 3 study takeaways
In most specialties, patients are increasingly paying their healthcare bills online, according to a study conducted by EHR and practice management software developer Athenahealth. -
Owner of medical billing company to pay $5.7K+ in fraud case
A Florida woman who pleaded guilty in a healthcare fraud case was ordered to pay more than $5,700 in restitution, the Department of Justice announced March 4. -
California physician could get 20-year prison sentence on 3 drug distribution charges
A federal grand jury indicted California physician Timothy Mulligan, MD, for allegedly committing healthcare fraud and prescribing more than 700,000 opioid doses to patients outside the scope of professional standards, The Mercury News reports. -
MedPAC recommends cutting 2.8% surgery center reimbursement increase, requiring price reporting
The Medicare Payment Advisory Commission plans to recommend CMS eliminate a 2.8 percent pay increase for surgery centers in its report to Congress March 13, citing issues around surgery center finances, Bloomberg Law reports. -
3 ways to improve ASC financial performance
Even if an ASC is performing well, there can still be room for revenue cycle improvement, according to ASC software developer Surgical Information Systems. -
3 ways to improve ASC revenue cycle performance
Even if an ASC is performing well, there can still be room for revenue cycle improvement, according to ASC software developer Surgical Information Systems. -
Indiana legislators meet resistance on price transparency bill
The Indiana legislature is considering legislation to require hospitals to put a "good faith estimate" on medical bills and prevent hospitals from billing in-hospital rates at off-site facilities, local NBC affiliate WTHR reports. -
Maximizing reimbursements in ASCs: A review of reimbursement methodology
With the shift to value-based healthcare, more procedures are being performed in ambulatory surgery centers (ASCs). -
Independent ASC created as alternative to hidden surgical prices
To help patients afford local surgery, general surgeon Wade Naziri, MD, established an independent ASC that offers transparent, cash-based pricing, according to The Laurinburg Exchange. -
Recruiting, retaining RCM talent in healthcare — 4 key insights
Most current employees in healthcare revenue cycle management — 87 percent — said they're open to new opportunities, according to a 2019 survey by LaSalle Network, a national staffing, recruiting and culture firm. -
The 3 S’s of ASC savings
There are a number of ways ASCs can save money on their budget, including making some adjustments to maintenance and supply chain, according to ASC software developer Surgical Information Systems. -
BCBS of Michigan brings 7 new providers into value-based pay model
Blue Cross Blue Shield of Michigan added seven health organizations to its risk-sharing payment model, the insurer announced Feb. 24. -
Improving ASC KPIs: Clean claim percentage, denial rate, and denial reason trending
When ASCs proactively monitor and analyze key performance indicators (KPIs), they can effectively influence their facility's revenue cycle performance by catching problems that decrease revenue, profits, and staff productivity and performance. Once identified, surgery centers can apply data-driven improvements that reverse these trends. -
UnitedHealth feud could leave more ASC patients with surprise bills: 3 insights
A dispute between UnitedHealth Group and Mednax, a physician staffing firm that provides anesthesiology services at some ASCs, could exacerbate the problem of surprise medical billing, Axios reports.
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