Channel Sponsor - Coding/Billing/Collections

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

5 latest ASC reimbursement updates

Several legal and policy updates announced in the past month could affect reimbursement in ASCs.

Five changes to have on your radar:

1. Aetna is changing how it will handle certain ASC and ambulatory payment classification code edits, effective Nov. 1.

2. Beginning in July, CMS will reject a Medicare outpatient claim if the service location address doesn't exactly match the address listed on the 855A enrollment form in the Provider-Enrollment, Chain and Ownership System, or if a hospital with multiple locations doesn't report the correct location where the service was rendered.

3. Washington state passed a law designed to end a practice known as surprise billing. Republican Texas Gov. Gregg Abbott is expected to sign similar legislation banning surprise medical bills. 

4. Vermont's House Health Care Committee approved a bill that will promote price transparency in the state. If signed into law, hospitals and ASCs will be required to provide patients a single bill with their entire financial obligation.

5. Medicare payments to ASCs have increased since 2012, according to MedPAC's 2019 report to Congress.

More articles on coding, billing and collections:
Third-party vendor hack exposes nearly 12M Quest Diagnostics records — 5 takeaways
3 things to know about out-of-network payments' effect on ASC value
The changing bundled payment landscape for ASCs — What to know about risk, payers & future trends

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Webinars

Featured Whitepapers