Michael Orseno, revenue cycle director at Regent Surgical Health, identifies four common areas that translate into lost income and the policies ambulatory surgery center leaders can put in place to overcome these revenue cycle issues.
ASC Coding, Billing & Collections
CodeSmart has announced the launch of its new CDI Smart Software and Smart Code Reference Tool, which is designed to automate, integrate and streamline clinical documentation processes.
Nearly all of the providers that responded to the 25th Annual 2014 HIMSS Leadership Survey expect to be prepared for the switch to ICD-10 by Oct. 1.
On Feb. 14, the Centers for Medicare and Medicaid Services re-opened the bundled payment program for new applicants over a 60-day window.
Surgery Center Network, a comprehensive network of ambulatory surgery centers, has announced a partnership with ENTRUST, a third-party administrator.
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Surgical Notes, a national provider of transcription, coding and document management services for ambulatory surgery centers, has announced a new strategic partnership with Shareable Ink.
Earlier this week, the Centers of Medicare and Medicaid Services announced a reversal of its previous decision and will now offer limited end-to-end testing for ICD-10 this summer, according to a HealthData Management report.
According to Medicare, as of January 1, 2014, "ASCs should not report separate line item Healthcare Common Procedure Coding System codes or charges for items that are packaged into payment for covered surgical procedures and therefore not paid separately….ASCs are…
From July through December 2013, Medicare recovery auditors have collected almost $2.25 billion from hospitals and other providers, according to the latest figures from CMS.
CMS has announced the agency will offer end-to-end ICD-10 testing this summer.