ASC Coding, Billing & Collections

CMS' final rule released Nov. 1 includes changes to the billing and coding requirements for evaluation and management services, Health Data Management reports.

CMS' reworked the Merit-based Incentive Payment System, to simplify reporting requirements for providers in its 2020 Physician Fee Schedule Quality Payment Program Final Rule.

Medical billing and practice management software provider DrChrono will offer financing options for physician practices through a new partnership.

Medical billing is a complex process, in part due to the large quantity of medical diagnosis codes in use and the existence of multiple payers in healthcare, according to Grand View Research. 

Surgery centers can improve claims denial management by adopting proactive strategies, according to Mnet Health News.

Price transparency is the way of the future, and ASCs are strategically positioned to take advantage of it, according to several panelists who spoke at Becker's ASC 2​6​th Annual Meeting: The Business and Operations of ASCs on Oct. 25.

With changes in care and reimbursement shifting toward value-based care, ASCs are redefining how they view reimbursement.

While payers continue to drive volume to the outpatient setting, surgery centers can be successful and negotiate proper reimbursement rates.

ASC revenue cycle management services provider Serbin Medical Billing is moving its headquarters to accommodate a growing client base and workforce.

Pennsylvania ASCs reported an average operating margin of 24.06 percent in fiscal year 2018, down slightly from 25.06 percent in 2017, according to a report from the Pennsylvania Healthcare Cost Containment Council.