Here are three things to know about the upcoming legislative updates:
1. Starting in 2025, hospitals and other stakeholders must provide additional data elements to increase transparency.
2. Among the additional data are “estimated allowed amount,” “drug unit of measurement” and “modifiers.”
3. The “estimated allowed amount” refers to the average dollar amount a hospital historically receives for an item or service, according to a Pharmacy Times report published Sept. 6. This data must now be included in machine-readable files.
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.