Channel Sponsor - Coding/Billing/Collections

Sponsored by National Medical Billing Services | info@nationalASCbilling.com | (636) 273-6711

2 benefits of bundled payments in ASCs

Van Nuys-based Southern California Orthopedic Institute CNO Rashel Campos, RN, BSN, works with the organization's clinics and provides operational oversight of its surgery centers.

Note: Responses have been edited for length and style.

She told Becker's ASC Review about two ways ASCs can benefit from bundled payment models:

1. Patient convenience. "For us, it has been that the patient's able to make one payment. When you have surgery, you have the facility side, the provider side and the anesthesia side — the patients have several bills," she said. "This way, they know upfront what they're going to owe. It's arranged and taken care of by one source, and then the payment's dispersed throughout the bundle."

2. Securing contracts. "Working with Global 1, they're able to get contracts with some of the payers. Sometimes, your anesthesia isn't in contract or someone's not on the contract. This way, the bundled payment comes from Global 1, and we're able to capture the fee for everybody."

To participate in future Becker's Q&As, contact Angie Stewart at astewart@beckershealthcare.com. For a deeper dive into ASC industry trends, attend the Becker's 17th Annual Future of Spine + Spine, Orthopedic & Pain Management-Driven ASC in Chicago, June 13-15, 2019. Click here to learn more and register.

More articles on coding, billing and collections:
How 3 ASC administrators deal with the rise in high deductible plans
3 financial counseling & collection tips for ASCs
Bahamas Surgery Center's bundled payment model shout-out & 3 things to know

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months