Despite technological advances, physicians often still document charges with hand-written notes, and it's costing them money, according to Health Leaders Media.
ASC Coding, Billing & Collections
The Centers for Medicare and Medicaid final rule for physician fee schedule has altered the original proposal on how to implement the value-based payment modifier, according to the American Society of Anesthesiologists.
Here are five statistics on aged cash breakdown in surgery centers, i.e. how much cash was collected from the service date to check date. Data is based on 25 percent of all national outpatient remittances from the month of September…
With President Obama's reelection and the renewed certainty behind Affordable Care Act implementation, healthcare collectors should prepare for reforms, according to The Association of Credit and Collection Professionals.
Medical credentialing organization AAPC will kick off its ICD-10 training at the April 2013 conference and conduct seven regional conferences through the 2014 implementation deadline, according to the Sacramento Bee.
Is Your ASC Missing Out on Making Money from Out-of-Network? Thoughts From John Bartos of Collect Rx
An out-of-network reimbursement strategy can be profitable for surgery centers, despite pressure from payors to move in-network. The important thing is making sure your processes are set up to collect in full on out-of-network procedures, rather than failing to appeal…
Physicians working with electronic health records for the first time should take care to avoid common mistakes that occur, according to EHR Intelligence.
President Barack Obama's reelection will now prompt insurers to expedite preparations to achieve compliance with state exchange requirements as directed by the Affordable Care Act, according to hCentive, a healthcare exchange technology company.
Healthcare providers and surgery centers have historically focused much of their efforts on collecting from commercial and government payors. However, as the patient pay portion increases, it will require a more concerted effort to maintain proper payment for procedures.
The Medicare physician fee schedule for 2013 includes a 26.5 percent pay cut based on the sustainable growth rate formula and a 7 percent reduction for radiation oncology services, according to Oncology Practice.
