Advertisement

ASC Coding, Billing & Collections

When ASCs effectively monitor and analyze key performance indicators (KPIs), they can positively influence revenue cycle performance by quickly identifying problems that harm staff productivity, revenue, and profits. Once spotted, ASCs can apply data-driven solutions to right the ship.

Advertisement

Denied claims present a significant challenge for healthcare providers. Appealing denials costs healthcare organizations an estimated $8.6 billion annually, according to a 2017 analysis. Due to the high cost and administrative burden associated with appealing denied claims, many providers forgo…

Blue Cross Blue Shield received about $25 billion in medical claims for adult beneficiaries undergoing elective orthopedic procedures in 2017, according to a 2019 review cited by Tara Vail, chief operating officer at ASC software company HST Pathways.

The Congressional Budget Office released 10-year estimates showing the national deficit will hit $1 trillion in 2020, and while the figure alone is alarming, it's not the most concerning aspect of the report. Analysts believe the amount of federal debt…

Advertisement