Three surgery centers that filed for bankruptcy in the past year:
ASC Coding, Billing & Collections
The CDC's ICD-10-CM code update for fiscal year 2021 includes 57 new musculoskeletal codes, according to Part B News.
As healthcare organizations develop strategies to secure financial well-being during the COVID-19 pandemic, they can glean critical insights from workflow, business intelligence and denial management technologies.
At the onset of the pandemic, increasing use of three codes — 31500 for emergency intubations, 99291 for intensive care unit treatment and 99233 for complex hospital visits — reflected rising numbers of COVID-19 patients, according to Tony Mira, president…
Ninety-seven percent of U.S. medical practices have taken a financial hit from the COVID-19 pandemic, according to a survey by the Medical Group Management Association.
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Industry groups representing hospitals and health systems across the nation sued HHS last year, challenging a rule that requires hospitals to disclose the rates they negotiate with insurers beginning in 2021. On June 23, a federal judge granted HHS' motion…
Chicago-based Sinai Health System received a $7 million grant for its planned ASC in Ogden Commons, an 11-acre mixed-use development in Chicago's North Lawndale neighborhood, the system announced June 18.
Looming cuts to Medicare reimbursement could be the final straw for private practice surgeons already in financial straits, according to the Surgical Care Coalition, a group of 12 industry organizations opposing the planned cuts.
Ambulatory surgery centers have long faced challenges in collecting reimbursement, and that became increasingly difficult as patients shouldered more financial responsibility for their care. However, those challenges have intensified during the COVID-19 pandemic and have resulted in an increased need…
New Medicare prior authorization requirements will take effect for certain hospital outpatient department services July 1, according to Bricker & Eckler's Shannon DeBra.