ASC Coding, Billing & Collections

Thomas K. Miller, MD, is the sports medicine chief at Carilion Clinic Institute for Orthopaedic and Neurosciences in Roanoke, Va.

AdvancedMD is the best service for ensuring medical practices get paid on time, according to a ranking by TechRadar.

The number of states and territories implementing value-based payment initiatives has grown seven-fold in five years, with New York, Pennsylvania and Vermont leading the charge, according to Change Healthcare.

Lisa Davis, administrator of The Center for Minimally Invasive Surgery in Munster, Ind., examines patient collection trends in ASCs and where she sees the biggest opportunity for future growth.

Office-based vasectomies are associated with lower costs than vasectomies performed in ASCs, according to a study published in Urology.

Minnetonka, Minn.-based UnitedHealth Group reported strong first-quarter growth, with Eden Prairie, Minn.-based Optum revenues hitting $26.4 billion.

Like other independent practices, Oakland Park, Fla.-based Midland Medical had difficulty finding the time and resources to fulfill quality reporting tasks, monitor patient outcomes and track costs, according to RevCycleIntelligence.com.

The percentage of physicians involved in accountable care organizations dipped from 36 percent in 2017 to 28 percent in 2019, according to Medscape's "Physician Compensation Report 2019."

ASCs should evaluate billing performance and implement process improvements at the end of every financial quarter, according to Lakewood, Colo.-based Pinnacle III, an ASC management company.

Patients largely consider surgical cost to be the most important factor when choosing a provider, according to an Advisory Board report.