Three key things to know about the process:
1. Identifying the payers and other stakeholders involved with developing bundles is one of the early steps ASCs take when negotiating bundles.
2. Key stakeholders include surgeons, anesthesia providers and facilities, including ASCs and hospitals.
3. Knowing the services included in the bundle and the expected savings can be helpful when ASCs negotiate with payers.
More articles on coding, billing and collections:
3 ways to protect your ASC from Medicare fraud
ASCs report volume, revenue hikes after disclosing costs — 6 study findings
5 ways ASCs can optimize patient collections
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.