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ASC Coding, Billing & Collections

Here are five updates on Anthem Blue Cross Blue Shield companies, which are owned by Elevance Health, one of the largest payers in the U.S., as reported by Becker's since May 21:

CMS' Medicare Merit-based Incentive Payment system has new reporting options to fulfill traditional MIPS requirements.

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As some areas see an uptick in post-procedure claim denials from payers, ASCs may be at a loss on how to salvage payments.

From an ousted CEO to shifting financial expectations, CVS Health-backed insurer Aetna has seen an eventful August. 

Around 36% of physicians earned income from an employment source outside of their practice in 2023, the highest number in five years, according to Medical Economics' 2024 Physician Report published Aug. 14. 

St. Peter's Health, based in Helena, Mont., agreed to pay $10,844,201 to resolve allegations it violated the False Claims Act by submitting false claims to federal healthcare programs on behalf of a physician formerly employed by the system.

Financials are important at any business — and ASCs are no exception. However, despite providing the same services, ASCs face unique challenges, such as persistent compensation disparities between ASCs and hospital outpatient departments.

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