WalletHub released its "2021's States with the Most and Least Medicaid Coverage" list March 15, analyzing Medicaid coverage and spending across the U.S.
ASC Coding, Billing & Collections
When a patient checks in to see a new healthcare provider, there is the inevitable package of new patient paperwork. Along with the patient health history forms and HIPPA disclosures, there may also be a financial policy.
Physician-owned ASCs and practices reported revenue declines in 2020 and lower Medicare spending when elective procedures were canceled or postponed during the pandemic. Revenue declines continued after elected procedures resumed at facilities across the U.S.
Medicare reimbursement for the 10 highest-volume procedures performed in ASCs is projected to increase 2.8 percent this year, according to a report from VMG Health.
Four recent stories about physicians:
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Nearly all ASCs suffered a loss when elective surgeries paused in the spring of 2020. ASCs with highly functioning business operations have not only overcome those losses, but will benefit from a rebounding and growing market. ASCs with orthopedics have…
A federal grand jury in Kentucky charged two surgeons this week with illegal opioid distribution, healthcare fraud and healthcare fraud conspiracy.
CMS and commercial payers are adopting new policies that push providers and patients out of the hospital and into surgery centers, The National Law Review reported Feb. 24.
Four updates on CMS:
The bipartisan No Surprises Act (“the Act”) was enacted on December 27, 2020. The Act provides comprehensive patient protection against surprise medical bills that occur when a patient receives a bill for the difference between an out-of-network provider’s charge and…