Southern California-based Vitality Health Plan is in dire financial need, which has caused several area hospitals and surgery centers to terminate their contracts with the insurer, The Mercury News reports.
ASC Coding, Billing & Collections
Revenue in the ASC market is estimated to hit $43 billion in 2021, an increase of 54 percent from 2015, according to a report from Bain & Co. In contrast, the number of procedures performed in ASCs is estimated to…
Artificial intelligence technologies can help ASCs alleviate revenue and resource challenges spurred by the COVID-19 pandemic by optimizing workflow and improving revenue capture.
The 2021 CMS Physician Fee Schedule increased work relative value units, but decreased the conversion factor for reimbursement, which could result in healthcare facilities overcompensating physicians if they don't make changes to their reimbursement structure now, according to a VMG…
When providing healthcare services, we are entrusted with the care of vulnerable patients. Patients are medically vulnerable, often with significant and potentially life-threatening conditions.
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Becker's ASC Review compiled a timeline of significant medical coding updates that have been proposed or implemented so far this year:
Blue Cross and Blue Shield of North Carolina and Winston-Salem, N.C.-based Wake Forest Baptist Health are collaborating to offer a new Blue High Performance Network, according to an Oct. 1 statement from the insurance provider.
Winchester, Va.-based Valley Health could lose its contract with Anthem of Virginia because of a stalled contract negotiation, Rappahannock News reports.
Since July 1, Becker's ASC Review has reported six significant changes and proposed changes to reimbursement for ASCs:
The Michigan Senate passed surprise medical billing legislation that would remove patients from surprise billing disputes and would pay out-of-network providers from a patient's insurer, Crain's Detroit Business reports.