ASC Coding, Billing & Collections

Lawmakers are demanding that the private equity firms backing TeamHealth and Envision Healthcare end pay cuts for employed physicians, according to the Financial Times.

Tulsa (Okla.) ER & Hospital is forgiving $2.1 million of outstanding patient medical debt, according to local ABC affiliate KTUL.

Most physician practices — 82 percent — offer at least one ancillary service to give business a boost, according to the "91st Annual Medical Economics Physician Report."

For most physicians, practice finances were either stable or improved in 2019 compared to 2018, according to the "91st Annual Medical Economics Physician Report."

Physician groups have incurred significant financial losses due to elective case restrictions, putting many on the brink of insolvency.

Several outpatient physicians and executives spoke to the Observer-Dispatch about New York's executive order that excludes ASCs from resuming elective surgeries.

Certificate-of-need laws were established in 1964 when New York became the first state to pass legislation, and since then have had a constant and highly-politicized presence in the healthcare realm, according to the National Conference of State Legislatures. 

Smith+Nephew entered into a strategic partnership with National Medical Billing Services to provide revenue cycle management solutions to ASCs across the U.S.

Social distancing measures and commerce restrictions have cost Americans more than 26 million jobs, and with nearly 180 million people relying on employer-sponsored health plans, swelling unemployment could hurt health systems' ability to address the COVID-19 surge.

Medical billing company Change Healthcare laid off several workers April 24 due to the COVID-19 pandemic, according to The Post-Star.