The surcharge will be 1.55 percent and apply to bills paid on or after Oct. 1.
The current rate, which ends Sept. 30, is 1.9 percent.
Third-party payors, employers administering their own healthcare plans and other entities and individuals that make payments to ASCs for the purchase of their services are required to pay the surcharge. This does not include Medicare and Medicaid programs and their beneficiaries or recipients, other governmental programs of public assistance and their beneficiaries or recipients, and worker’s compensation programs.
To calculate the surcharge due, total payments made to Massachusetts ASCs at the end of each calendar month should be multiplied by the surcharge in effect.
View the Massachusetts Health Safety Net website with information and a FAQ section on the ASC bill surcharge.
Read the Business Insurance report about the ASC surcharge.
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.