Andrews Institute ASC nearly doubles collections

The Andrews Institute ASC in Gulf Breeze, Fla., signed a contract with Regent Revenue Cycle Management in May 2015. Since then, the surgery center has nearly doubled its monthly collections.

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Regent RCM, an independent division of ASC company Regent Surgical Health, provides revenue cycle management services exclusively to ASCs.

“For Andrews, we took extra time to ensure claims were submitted accurately with the correct CPT codes and modifiers. We also conducted in-depth research to determine the correct codes to use. The benchmark is 97 percent clean claim submission, the gold standard in the industry,” said Leslie Favela, revenue cycle supervisor with Regent RCM.

Terri Gatton, RN, CNOR, CASC, is the administrator of the ASC. “We were able to maximize our collections due in part to the peer-to-peer engagement we received from Regent RCM,” said Ms. Gatton. “We believed that Regent RCM’s unique ASC expertise would be a great fit for Andrews but we did not anticipate how quickly their experience and their commitment would increase our collections and optimize our revenue stream.”

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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.

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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

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