More ASCs are considering bundled payments as a part of their strategy. Three ASC leaders spoke with Becker's ASC Review on addressing obstacles with bundled payments.
ASC Coding, Billing & Collections
Bundled payments are a challenge for some ASCs — oftentimes, these payments mean the ASCs have to coordinate post-operative services and align a plan of care.
Implant costs are a burden for many ASCs, and many feel ASCs have irreparably shifted the implant industry.
Medicare and commercial insurance companies have developed new policies over the last year that will drive more surgeries to ASCs. But that doesn't mean payers have made things easy for them.
As higher-acuity procedures move to outpatient, ASCs must be sure to consider the cost of implants in commercial payer contracts.
Advertisement
A Sioux Falls, S.D.-based neurosurgeon and the two medical device distributorships he owns will pay $4.4 million to resolve False Claims Act violation allegations, the U.S. Justice Department said May 3.
A California-based ophthalmology clinic said it plans to refund CMS more than $398,000 after an HHS investigation found inappropriate billing led to overpayment.
Handling reimbursement issues is critical to ASC success. Here are three ASC leaders on their biggest reimbursement challenges:
From price transparency requirements to President Joe Biden's CMS nomination, here are six CMS updates for ASC leaders:
While some ASC administrators have hired extra staff to handle prior authorizations, Andrew Lovewell, administrator at Columbia, Mo.-based Surgical Center at Columbia Orthopaedic Group, has kept those duties in house.