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.

Advertisement

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

Advertisement

Next Up in ASC Coding, Billing & Collections

  • ASCs have taken center stage of many hospital and health systems’ growth and development strategies in recent years as they…

  • Germantown, Md.-based Capital Surgical Solutions plans to open a new ASC in Portland, Ore., in the fourth quarter of 2026,…

Advertisement

Comments are closed.