• Monitor time spent on appeals. Analyze appeals to identify any problems in policy or staff training.
• Monitor individual payer contracts and reimbursement rates. Ensure proper payment is being received on each case.
• Avoid writing off denials without a supervising signature. Denials that are incorrectly signed off on will lead to lost revenue.
More Articles on Coding and Billing:
4 CMS Updates on ICD-10
9 Threats to ASC Revenue Cycle Management Success
From Now Until October 2015: The New ASC ICD-10 Implementation Timeline
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.