ASC Coding, Billing & Collections

During the February 2019 CPT panel meeting, the American Medical Association discussed changes that would significantly impact office and outpatient evaluation and management coding, ICD-10 Monitor reports.

Henry Miller, PhD, a managing director of consulting firm Berkeley Research Group, has over 45 years of experience in the healthcare industry, including provider payment system design, regulatory analysis and strategic planning.

ICD-10 codes are designed to capture a high level of specificity, accounting for nearly every injury imaginable as well as where it took place.

The preauthorization process eats up an estimated 20 hours of staff time per week, including physician time, nursing time and clerical hours, HSTpathways COO Tara Vail said in an article on Inside Digital Health.

Putting payment systems in place helps ASC collections and prevents revenue leaks, according to Fort Myers, Fla.-based Serbin Medical Billing.

An ASC's financial health is dependent on the quality of its revenue cycle team, according to Fort Myers, Fla.-based Serbin Medical Billing.

One of the key steps to implementing a successful price transparency plan is to just start somewhere, according to Columbus-based Ohio Surgery Center administrator Suzi Walton.

The healthcare industry has various definitions of price transparency, and ASCs often consider the self-pay bundled price — not including insurance — to be the end-all-be-all of transparency, according to Columbus-based Ohio Surgery Center Administrator Suzi Walton.

As more people turn to ASCs and outpatient facilities for orthopedic, ocular, GI, women’s health, or other procedures, ASC patient populations could become more varied.

Benchmarking data allows ASCs to gauge their business performance, according to Jho Outlaw, Alpharetta, Ga.-based Surgical Information Systems' revenue cycle vice president.