ASC Coding, Billing & Collections

FocalPoint Holdings will extend a patient financing option to its network of 8,000 ophthalmologists through its partnership with GreenSky Patient Solutions.

Boston Out-Patient Surgical Suites in Waltham, Mass., identified patient collections as an area of the center that wasn't as efficient as it could be.

Medicare's Procedure Price Lookup tool allows patients to compare the cost of services at ASCs and hospital outpatient departments.

Here are the top five procedures done at surgery centers as ranked by Definitive Healthcare, and how the total costs compare when they're performed at hospital outpatient departments:

MedPAC, a committee that advises Congress on how to adjust Medicare payment rates, drafted proposals to adjust 2021 payment rates for ASCs, hospitals and physicians Dec. 5., according to Bloomberg Law.

While California's surprise billing law has protected patients from unexpected out-of-network expenses, physicians argue the bill has given insurers an unfair advantage in their negotiations with physicians, California Healthline reports.

When ambulatory surgery centers (ASCs) allocate the time to monitor and benchmark key performance indicators (KPIs), they gain better control over their revenue cycle performance. This helps with identifying problems that drag down revenue and profits and then implementing solutions…

ASC software developer Surgical Information Systems shared tips on improving surgery center coding performance.

Single-specialty ASCs represented 61 percent of all ASCs billing Medicare in 2017, according to a report by Global Healthcare Advisors, an investment bank focused on healthcare mergers and acquisitions.

When it comes to procedure documentation, manual transcription and dictation is expensive. Transcription and printing are costly. In addition, paper-based processes contribute to inefficient workflows, unstructured data that's hard to analyze and documentation that is inaccurate, incomplete and potentially non-compliant.