The key details to know:
1. Unbilled insurance can lead to lost revenue for ASCs. Creating reports that track unbilled insurance can mitigate this problem.
2. Not sending patient statements can result in those patients not being billed. Comparing promissory notes and patients balances to account information can help ASCs collect.
3. Following up with revenue cycle staff can help ensure patients’ statements are sent out.
More articles on coding, billing and collections:
5 ways ASCs can maximize billing
Georgia’s CON repeal bill may be ‘dead for the year’ — 5 insights
Competitive advantage, key strategies & adoption of bundled payments — 3 Qs with Dr. Stephen Ritter
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.
