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.

Advertisement

Three things to know:

1. Use technology. ASCs should consider using their revenue cycle software to streamline existing processes. There might be functions not currently in use that could be helpful.

2. Set goals. Revenue cycle staff can set individual professional goals to work toward that can help push the entire department forward.

3. Communicate with patients. Patients should be aware of their financial obligations before arriving at the surgery center on the day of their procedure. ASC revenue cycle staff should make it a priority to communicate with patients to get payment squared away as soon as possible.

More articles on coding, billing and collections:
Indiana legislators meet resistance on price transparency bill
Maximizing reimbursements in ASCs: A review of reimbursement methodology
Independent ASC created as alternative to hidden surgical prices

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.