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
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.