ASC Coding, Billing & Collections

Medical Transcription Billing Corp. reported historic revenue growth in the third quarter of 2018, putting it on track for a record year. 

President Donald Trump's administration asked physicians and hospitals for help rewriting kickback regulations in what officials call a "regulatory sprint to coordinated care," The New York Times reports.

Baton Rouge-based Louisiana Spine & Sports co-owner Gray Wesley Barrow, MD, pleaded guilty Nov. 20 to involvement in an illegal healthcare kickback scheme, according to the Department of Justice.

Black Book survey results show that 82 percent of medical providers and 92 percent of hospitals have planned to abandon traditional manual efforts to back-end process and reconciling bills by the fourth quarter of 2018, according to Inside Arm.

If you have worked in an ASC over the past several years, one trend that has been hard to miss is the shift of financial responsibility from payers to patients.

Insurers may wrongly deny a claim and hope providers don't notice it's actually a covered service, according to medical coding and billing specialist Steven Verno.

Revenue cycle intelligence company Sift Healthcare secured a $1 million investment from venture capital fund Winnebago Seed Fund and other investors, including Wind River Financial.

Nearly one year ago, Intervention Insights launched its Trapelo platform to help oncologists make treatment decisions using real-time, evidence-based information. 

ASCs generally receive lower reimbursement for surgeries than hospital outpatient departments do, according to a study published by the Workers Compensation Research Institute.

Texas Medicaid proposed cutting the payment rates for several codes performed in ASCs, according to the Texas Ophthalmological Association.