ASC Coding, Billing & Collections

Nearly 11.5 million people purchased health insurance in 2020 through a state marketplace, also known as individual health insurance, according to ValuePenguin, a resource for consumer financial decisions.

Healthcare is front of mind for lawmakers and government agencies on Capitol Hill as a new bill extending the moratorium on Medicare pay cuts makes its way through Congress and HHS aims to expand access to the COVID-19 vaccine.

Jamie Heater, RN, Compass Surgical Partners' vice president of facility development, and Will Holding, Compass' vice president of development, joined the "Becker's Spine & Orthopedics Podcast" to outline how Compass is preparing for the increase in CMS procedure approval. 

UnitedHealthcare is the largest insurer in the U.S., according to a March 2021 Value Penguin report. 

Incomplete and inaccurate documentation can hinder appropriate and timely reimbursement, placing an ASC's financial stability at risk. 

During Becker's Orthopedic, Spine + ASC Virtual Event on March 18, two industry leaders discussed the migration of spine and orthopedic procedures to surgery centers and how they are looking at growth in 2021.

A new report from the American Medical Association lists ophthalmology and gastroenterology in the top five largest drops in CMS physician spending during the early months of the COVID-19 pandemic. 

CMS has approved ASCs as a site of service for transcervical uterine fibroid ablation — a minimally invasive procedure for symptomatic uterine fibroids that can be performed with the Sonata System developed by women's healthcare company Gynesonics.

ASCs play an important role in the value-based care environment and more are considering bundled payments as part of their strategy.

The Medicare Payment Advisory Commission, an independent congressional agency advising Congress on Medicare-related issues, recommended several changes for ASCs next year in its annual report to Congress, released March 15.