ASC Coding, Billing & Collections

Workers Compensation Research Institute found the percentage of hospital inpatient and outpatient claims generally decreased from 2002 to 2016, Business Insurance reports.

Organizations generate most of their revenue from fee-for-service payments despite regulations and guidelines aimed at driving value-based reimbursement, according to the NEJM Catalyst Insights Council Survey.

Amazon Comprehend Medical, Amazon's new language processing service for scanning and extracting medical record data, could vastly improve medical coding, according to TechNewsWorld.

EHR deployment can deliver a significant return on investment for ASCs if they develop a strategic implementation process, HSTpathways CFO Tom Scott wrote in an article on Health Data Management. 

Bausch Health's Xifaxan is a strong therapy for irritable bowel syndrome with diarrhea, but Seeking Alpha columnist Jose Solorio said the drugmaker is missing its chance to own the IBS therapies market.

CMS will terminate its Medicare provider agreement with Kennewick, Wash.-based Retina Laser Eye Center at 12:01 a.m. Dec. 12.

Crown Point, Ind.-based CBC Surgery Center partnered with Access HealthNet.

CMS has paved the way for price transparency between ASCs and hospital outpatient departments with a new tool that reveals the average payments for select procedures in both settings.

If your ASC can pay its bills on time, make regular distributions to its owners, and afford the occasional capital investment that helps drive growth, congratulations! Many ASCs struggle to accomplish one or more of these indicators of financial stability…

As hospitals lost key revenue-generating services to outpatient facilities, two-thirds of health systems saw their operating income drop between fiscal years 2015 and 2017, according to a Navigant report.