Advertisement

ASC Coding, Billing & Collections

Providers must be prepared in a number of different areas when transitioning to ICD-10, according to a whitepaper released by SourceMedical, a provider of therapy software and ambulatory surgery center software solutions and billing services.  

Practices focusing too heavily on the payment side of ICD-10 could be missing the larger point — that the code set's increased data collection will help better mange chronic diseases and care for patients, according to an EHR Intelligence report.

The upcoming year of healthcare reform implementation signals tumultuous times for the healthcare industry and many anticipated changes stand to adversely affect ASCs' revenue cycle reimbursements.

Advertisement

One of the most dangerous parts of the ICD-10 transition will be what happens if centers do not have full buy-in from their physicians and revenue cycle staff, according to a Healthcare Finance News report.

At the Becker's 20th Annual Ambulatory Surgery Centers Conference, held Oct. 24-26 in Chicago, Rebecca Overton, director of revenue cycle management at Surgical Management Professionals shared wisdom on strategies to secure profitable reimbursements for total joint surgery in an ASC…

According to a report from TransUnion Healthcare, the shift toward high-deductible health plans is already being felt by many Americans, as out-of-pocket healthcare costs climbed more than 25 percent in the first half of this year.

Advertisement