Out-of-network strategies can affect ASC value, according to the 2019 ASC Valuation Survey by HealthCare Appraisers.
ASC Coding, Billing & Collections
The shift to value-based care and the movement away from fee-for-service payments has spurred growth in the adoption of bundled payment models. CMS and private insurers are focusing on reducing costs while maintaining care quality, paving the way for bundled…
Performing ASC revenue cycle audits can help staff identify areas of improvement, according to ASC billing company Serbin Medical BIlling.
ASCs have a better shot at achieving reimbursement for high-cost supplies, implants or pharmaceuticals if they develop a strong business case tailored to each payer, according to ECG Management Consultants Principal Naya Kehayes.
Republican Texas Gov. Gregg Abbott is expected to sign legislation banning surprise medical bills, according to local news outlet CBS DFW.
Inefficient medical billing processes could cost ASCs thousands of dollars in lost revenue, according to Medisys Data Solutions, a billing services provider.
Surgery center billers and collectors should follow up on at least 95 percent of cases with an open balance every month, according to a Regent RCM white paper.
Performance measurement is the key to implementing process changes, according to Regent RCM.
Stephen Kinsley, vice president of payer engagement and strategy for Surgical Care Affiliates and Jim Reilly, senior principal at Sg2 weighed in on the risk factors involved with developing bundled payments, as well as the role data plays in the…
Benchmarking can help ASCs evaluate financial performance and identify areas to improve, according to ASC revenue cycle service company Serbin Medical Billing.
