Although risk aversion has kept some physicians from pursuing bundled payment models, the approach has never been more relevant in the ASC world, according to orthopedic spine surgeon Stephen Ritter, MD.
ASC Coding, Billing & Collections
The Free Market Medical Association provides a map of free-market medical facilities and physicians, and the Self-Pay Healthcare Market lists surgery centers and hospitals offering upfront package pricing.
Skyline Urology in Baltimore agreed to pay the government $1.85 million to resolve allegations it violated the False Claims Act.
Global 1's ASC bundled payment network is paying dividends for the Municipalities Colleges Schools Insurance Group, saving more than $7 million in surgical costs.
A Georgia House of Representatives committee approved House Bill 198, which would overhaul the state's certificate of need laws, by a 10-4 vote, local NPR affiliate WABE reports.
ASCs may choose to outsource revenue cycle management so they can streamline operations, keep pace with regulatory chances and maximize revenue, according to In2itive Business Solutions Client Services Manager Mary Watson.
Revenue cycle management is especially complex for surgery centers, which handle special coding regulations and frequently interact with outside parties, according to Medical Healthcare Solutions' Stephen Brighton.
Advantage Administration established a management services organization for eye care practices and ASCs.
Bankers Healthcare Group's Tyler Crawford serves as CEO of BHG Patient Lending, overseeing patient lending programs for individual practices, ASCs and hospitals.
Ending surprise billing has become a top bipartisan issue, and although no bill has been introduced in this Congress, HealthAffairs reports new legislation could be heavily influenced by past failed attempts.
