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5 ways ASCs can maximize billing

Medical Healthcare Solutions shared five ways ASCs can improve their collections.

Five tips:

1. Improve billing turnaround times. ASCs should send claims the same day they're entered, or at least two to five days after the time of service.

2. Weed out coding issues. ASCs should perform audits of outside coding companies and billing departments to ensure accuracy.

3. Compile patient charts. Patient charts with accurate insurance information and payment agreements should be readily available.

4. Engage patients. Effective communication with patients is the key to collecting timely payments.

5. Post payments. Daily payment posting should be a priority.

More articles on coding, billing and collections:
Competitive advantage, key strategies & adoption of bundled payments — 3 Qs with Dr. Stephen Ritter
7 ASCs offering cash-friendly pricing
Skyline Urology to pay $1.85M over improper billing allegations — 5 details

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