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Follow these 4 essential steps when developing a new ASC fee schedule

Fort Myers, Fla.-based Serbin Medical Billing outlined four ways ASCs can ensure financial stability when developing a new fee schedule.

Four tips to know:

1. Create a team of business and office personnel.

2. Consult physicians, attorneys and accountants.

3. Take the area's economics into consideration.

4. Study the managed care market when deciding fee allowances.

More articles on coding, billing and collections:
President Trump takes aim at drug, hospital prices in State of the Union
5 ways ASCs can avoid revenue leaks
3 billing challenges ASCs should address in 2019

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