ASC Coding, Billing & Collections

Salary and compensation based on productivity were the two most common payment methods for physicians in 2018, according to research published in December by the American Medical Association.

Minnetonka, Minn.-based UnitedHealth Group published research Dec. 10 examining the savings that could result from performing joint replacements in ASCs instead of hospital inpatient settings.

Minnetonka, Minn.-based UnitedHealth Group on Dec. 10 published new research touting the major advantages of moving routine joint replacements from hospitals to ASCs.

COVID-19 may have shattered the assumption that healthcare is recession-proof, but a new report from commercial real estate firm Cushman & Wakefield predicts that demand for medical space will be resilient, GlobeSt.com reported Dec. 11.

It may be time to change the way organizations set physician compensation rates, according to healthcare valuation and transaction advisory firm VMG Health.

ASC can continue to receive separate payment for Omeros' cataract surgery drug, Omidria, under CMS' 2021 Hospital Outpatient Prospective Payment System and ASC Payment System Final Rule.

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.

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.