A Black Book Market Research survey claims 98 percent of hospital leaders are weighing whether to outsource services to cut costs.
ASC Coding, Billing & Collections
The patient's chart contains important information for verifying medical necessity, said Jon Elion, MD, founder, president and CEO of Chartwise Medical Systems.
Patients' financial responsibility for their healthcare is on the rise and showing no signs of slowing down.
Healthcare prices rose 2.2 percent year-over-year in April, the highest growth rate since January 2012, according to Altarum's monthly economic indicators report.
VMG Health's 2018 Multi-Specialty ASC Benchmarking Study shows data from ASCs across the country, outlining the case mix as a percentage of collections.
More than 50 percent of patients prefer electronic bills and over 75 percent would give providers pre-authorization for credit card charges, according to Waystar's Patient Payment Check-Up Survey.
Coders can steer clear of burnout by making lists, finding a mentor and tackling one to-do list item at a time, according to Kristi Pollard, a senior consultant at The Haugen Group.
UnitedHealthcare saved employers $18 million with knee, hip and spine bundled payments; now they're ready to expand.
By the end of the year, Envision plans to move nearly all of its out-of-network revenue in-network, according to the first quarter conference call, as transcribed in Seeking Alpha.
Tracking denials after a case is billed can help pinpoint coders' and surgeons' areas for improvement, according to Pinnacle III's Bethany Bueno, Specialty Billing Solutions billing operations director.
