The Workers Compensation Research Institute compared payments for common hospital outpatient surgeries in workers’ compensation cases across 36 states.
What you should know:
1. Hospital payments per surgical episode in states with percent-of-charge-based fees were 67 percent to 212 percent higher than in states with fixed-amount fees in 2017.
2. Payments in states without fee schedules were 62 percent to 148 percent higher.
3. Outpatient payments also grew faster in states with percent-of-charge-based fees or in states without fee schedules.
More articles on coding, billing and collections:
4 new joint venture ASCs – April 2019
Surgery Partners reports $417M in revenue & more – 10 ASC industry notes
How ASC Medicare payments have grown in the last 5 years
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.