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ASC Coding, Billing & Collections

A coding audit is critical to helping ensure ambulatory surgery centers (ASCs) receive appropriate payment for services provided to patients. This process, which is a review of codes submitted to payers and the comparison of those codes against what is…

ASCs observing negative changes in accounts receivable days, net collection rates or statement and charge lags can launch an internal revenue cycle audit to help get finances back on track, according to Regent RCM Revenue Cycle Management Director Erin Petrie.

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More patients, higher debt levels, lower reimbursements, increased competition, labor shortages — it's never been more difficult to run a hospital or health system. A Moody's Investors Services report released in April showed that median operating cash flow margins at…

It wasn't long ago when patient collections were viewed as a minor concern in ASCs. After all, reimbursement was strong, and what patients owed for their care was relatively low. No one wanted to leave a $50 co-pay and $250…

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