After missing a July 5 deadline to finalize a contract, Minneapolis-based Children's Minnesota and Blue Cross Blue Shield of Minnesota struck a deal July 7, the Minnesota StarTribune reports.
ASC Coding, Billing & Collections
Healthcare's changing reimbursement landscape creates many financial challenges for ambulatory surgery centers.
Alfonso del Granado, administrator of Ashton Center for Day Surgery in Hoffman Estates, Ill., discusses trends in payer contracting and key opportunities to succeed in the future.
Baptist Health Plan of Lexington will exit the fully insured health insurance market, the Lexington Herald Leader reports.
The revenue cycle management process is becoming increasingly more complicated as CMS adds codes to reflect the industry's transition into a value-based arena.
As healthcare payment models shift their focus from volume to quality of service, healthcare providers and payers are facing increased pressure to improve patient outcomes in an efficient, cost-effective way.
A Government Accountability Office report examined Medicare Advantage utilization rates and found a disproportionately high number of beneficiaries dropped coverage as they became sicker, NPR reports.
Minneapolis-based Children's Minnesota and Blue Cross Blue Shield of Minnesota failed to finalize a contact by the July 5 deadline, which could mean major rate increases for customers, according to Star Tribune.
Narrow networks, bundled payments and consumer demand for price transparency are affecting reimbursement. It is critical to understand these rapidly emerging concepts, otherwise, surgery centers may be missing opportunities to optimize payment and enhance their bottom line.
Reimbursement cuts are driving many planners to convert vascular access centers into Medicare-certified ASCs to expand their offering, according to Nephrology News and Issues.
