Correct clinical documentation, a necessity for receiving appropriate reimbursement, can be challenging for surgeons who are experts at administering high-quality care but not necessarily trained coders.
ASC Coding, Billing & Collections
ASC revenue cycle management can be a challenge, as ASCs are lean organizations, managing many aspects of the revenue cycle in-house.
Private equity firm New Capital Partners acquired revenue cycle management company Collect Rx, according to PE Hub.
Billing and collections is a key aspect of an ASC's operational workflow, not only because it ensures the financial viability of a facility, but also because it plays an important role in the patient's overall experience.
It sends patients running and creates headaches for providers — out-of-network policies have earned infamy as an extremely complex insurance landscape to navigate. But what if a correctly executed OON model is the key to maximum revenue and benefits?
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When billing Medicare for ophthalmology providers, it's crucial to be aware of what intraocular lenses items and services Medicare covers, according to Four Seasons Healthcare Consultants CEO Betty Smith.
TSYS and Eye Care Leaders of Charlotte, N.C., partnered to offer an integrated payment solution that will allow ECL patients access to TSYS' processing solutions and services, OAOA reports.
ASCs across the country are examining how to make the most of their managed care contracting opportunities for orthopedic and spine procedures.
At Becker's 16th Annual Future of Spine + The Spine, Orthopedic and Pain Management-Driven ASC Conference in Chicago, Richa Singh, executive vice president of Collect Rx, advised ASC leaders on how to effectively negotiate out-of-network agreements.
ICD-11 goes into effect Jan. 1, 2022 and will be available in electronic and print versions, according to Laurie Johnson, an American Health Information Management Association-Approved ICD-10-CM/PCS trainer.