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ASC Coding, Billing & Collections

Providers and suppliers of healthcare supplies and services to Medicare beneficiaries will pay contractors more in interest for unrecouped overpayments and delinquent underpayments in the second quarter, according to an AAPC report.

Consultants have advised some large employers they can save money by dropping health insurance in 2014 and sending employees to buy insurance through health insurance exchanges, according to a report by congressional Republicans reported in FOX Business.

The medical loss ratio is finally about to hit the health insurance industry, as health insurers across the country will have to refund $1.2 billion in cumulative 2011 profits, according to a Goldman Sachs analysis in a Bloomberg Businessweek report.

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Department of Health and Human secretary Kathleen Sebelius announced a proposed rule that would delay the compliance date for ICD-10 from Oct. 1, 2013 to Oct. 1, 2014, according to an AAPC report.

According to the April 9 proposed rule from the Department of Health and Human Services, ICD-10 diagnosis codes will be required for billing physician services starting Oct. 1, 2014 — one year after the previous implementation date of Oct. 1,…

Maggie Summerfelt, administrator of Advanced Surgery Center in Omaha, Neb., runs a surgery center that performs more than 50 percent orthopedics. Like any orthopedic-driven center, Advanced Surgery Center must focus on negotiating low costs and generous carve-outs in insurance contracts…

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