Driven by provider consolidation, there's been a growing number of mergers and acquisitions involving revenue cycle businesses, according to Brian Greenberg CEO of Greenberg Advisors.
ASC Coding, Billing & Collections
With the continued shift of financial liability from the third-party payers to patients, it is critical to have effective, efficient and consistent processes and procedures for patient registration and intake.
CMS released its 2020 outpatient and ASC prospective payment system proposed rule, ushering in several changes for ASCs and hospital outpatient departments.
Blue Cross Blue Shield of Minnesota's site-of-service policy change can benefit patients by driving them to lower-cost settings, according to healthcare expert Archelle Georgiou, MD, who was interviewed by KSTP.
To avoid failure, ASCs need to examine their financial policies and employ strong leadership, according to ASC software developer Surgical Information Systems.
Revenue cycle management is a crucial aspect of running a successful ASC.
Barron Nason, MD, is opening a multispecialty group called NasonCare five years after settling fraud allegations with the federal government, according to local station ABC News 4.
Errors in the complicated medical billing and collection process can lead to uncollected revenue, according to a guest contributor to the South Florida Reporter.
Health systems and physician groups teaming up to develop joint-venture ASCs must have a steady revenue stream to succeed, according to Serbin Medical Billing.
ASCs can improve their claims process and achieve clean claims by holding staff accountable and investing in new technology, according to ASC software company Surgical Information Systems.
