Poor business infrastructure, lax oversight of fee schedules and not negotiating managed care contracts can affect an ASC's cash flow, according to ASC billing company Serbin Medical Billing.
ASC Coding, Billing & Collections
Given the complexity of coding for surgical procedures, it can be easy to make a mistake, according to the Outpatient Ophthalmic Surgery Society.
North Carolina legislators are becoming increasingly confident they can repeal the state's certificate-of-need laws this year, The Laurinburg Exchange reports.
States with percent-of-charge-based fees or no fee schedules had higher and faster-growing hospital outpatient department payment rates, WorkersCompensation.com reports.
The healthcare revenue cycle management market value is expected to surpass $100 billion by 2024, according to Global Market Insights.
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Successful management of ASC claims is instrumental to a center's business operations, according to ASC management software company Simplify ASC.
Medicare payments to ASCs have increased since 2012, according to MedPAC's 2019 report to Congress.
Compulink Healthcare Solutions updated its ASC Advantage platform, which automates various administrative tasks using real-time data.
Avera Health will stop offering care under its employee health plan at three physician-owned practices as it continues to build its own orthopedic presence, the Argus Leader reports.
A subsidiary of Brentwood, Tenn.-based Quorum Health tapped R1 RCM as its revenue cycle management services provider.