ASC administrators had to change plans during the pandemic after some temporarily closed or lowered procedure volume to conserve resources and stem the spread of COVID-19.
ASC Coding, Billing & Collections
To help their industry continue to grow, ASCs must meticulously account for direct and indirect procedure expenses, also known as case costing, according to Regent Surgical Health.
In an effort to maintain or increase patient volume and reduce collections costs, physician groups increasingly are offering substantial discounts to patients who pay cash up front for their medical care.
With the COVID-19 pandemic continuing to affect patient and practice finances, Becker's ASC Review asked surgery center leaders about the state of revenue cycle processes.
UnitedHealthcare Group is the country's largest insurance company by both total revenue and lives covered, according to ValuePenguin, a resource for consumers looking to make more informed financial decisions.
Last year, the Centers for Medicare and Medicaid Services (CMS) physician fee schedule (PFS) included a reimbursement increase for emergency department evaluation and management (E/M) codes.
ValuePenguin, a resource for consumers looking to make more informed financial decisions, identified the largest medical insurance providers in each state and Washington, D.C.
U.S. physicians are concerned about finances during the COVID-19 crisis, along with care quality and telehealth, according to a three-part survey conducted by global management consulting firm McKinsey & Co.
UnitedHealthcare is the country's largest health insurance company, covering 48.9 million members, according to ValuePenguin, a resource for consumers looking to make more informed financial decisions.
Six ASC administrators from California to New Jersey discuss the payer landscape in their area and what they expect in the next year.
