ASC Coding, Billing & Collections

The average cost of employing a provider full time in the third quarter of this year was $611,194, representing a rising cost of labor, according to data from Kaufman Hall.

The average revenue earned by physicians and advanced practice providers via treating patients is on the rise, according to data from Kaufman Hall.

CMS added 11 procedures to the ASC-covered list in the ASC Payment System Final Rule released Nov. 2 that were not included in the proposed rule. 

CMS has finalized a 3.1% payment rate for ASCs. 

CMS will reduce overall physician pay 1.25% in 2024, while boosting pay for some visits including primary and longitudinal care.

Reimbursement issues remain one of the top challenges for physicians across specialties.

In August, UnitedHealthcare announced plans to reduce 20% of its prior authorization requirements for its members and member physicians beginning on Sept. 1. 

Here are five key numbers about noncompetes to know:

A bill has been introduced in the Wisconsin Legislature that would ban most noncompete agreements, the Wisconsin Law Journal reported Oct. 31. 

Mutual of Omaha has formed a strategic alliance with Wellcare, the Medicare Advantage brand owned by Centene Corp., to offer jointly designed Medicare Advantage plans for the 2024 plan year.