Certificate-of-need laws were established in 1964 when New York became the first state to pass legislation, and since then have had a constant and highly-politicized presence in the healthcare realm, according to the National Conference of State Legislatures.
ASC Coding, Billing & Collections
Smith+Nephew entered into a strategic partnership with National Medical Billing Services to provide revenue cycle management solutions to ASCs across the U.S.
Social distancing measures and commerce restrictions have cost Americans more than 26 million jobs, and with nearly 180 million people relying on employer-sponsored health plans, swelling unemployment could hurt health systems' ability to address the COVID-19 surge.
Medical billing company Change Healthcare laid off several workers April 24 due to the COVID-19 pandemic, according to The Post-Star.
Wyomissing, Pa.-based Berks Ambulatory Surgery Center received a $100,000 loan from the Pennsylvania Department of Community and Economic Development, according to the Reading Eagle.
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Roughly one-third of Washington solo practice and multispecialty group physicians who responded to a recent survey will run out of cash on hand in a matter of weeks, DeseretNews reports.
The days of surprise medical billing may be numbered due to emerging legislation around the COVID-19 pandemic.
Surgical practices are among the businesses at risk of insolvency because of the COVID-19 pandemic, which has major implications for the future of healthcare, Stateline reports.
Most physicians have seen a substantial decrease in revenue because of COVID-19 and stay-at-home orders, according to a recent MDLinx survey of 670 physicians.
ASCs closed or operating at limited capacity during the COVID-19 pandemic can use this time to strengthen revenue cycle and administrative functions, according to Serbin Medical Billing.