Channel Sponsor - Coding/Billing/Collections

Sponsored by National Medical Billing Services | | (636) 273-6711

5 key ASC price transparency do’s and don’ts to know


With many states enacting price transparency laws, surgery centers have been posting procedure prices online, according to Eye Care Leaders.

The do's and don'ts of posting prices online:

1. Do create a plan. Deciding the number of procedures and prices that will be shared is the first step in setting up a price transparency policy.

2. Do explore options. Establishing a price range or only posting prices for top procedures are two options ASCs should consider.

3. Do keep staff informed and set limits. Staff should know how and why procedure prices differ and should let patients know there are limitations on price estimates in terms of what is and isn't included in the cost.

4. Don't neglect it. Periodically review and update policies to ensure they prices are still accurate.

5. Don't forget quality. Price transparency may increase competition, but quality should never be sacrificed.

More articles on coding, billing and collections:
Cigna, Humana & now Anthem — Tenet inks another agreement
5 must-read stories on ASC billing
How ASC price transparency relates to value-based care, M&A activity & more: 4 insights


© 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