Advertisement

ASC Coding, Billing & Collections

Bill Gilbert, vice president of marketing, and Brice Voithofer, vice president of ASC and anesthesia services, for AdvantEdge Healthcare Solutions, share the following three changes an ASC can make which will help boost collections efforts immediately.

Your practice is doing well. You've got a compliance program in place and you're regularly auditing your coding and billing practices. But something just doesn't seem right. Maybe you've seen an increase in denials. Or an unexpected decrease in cash…

Advertisement

To help with the transition to the ICD-10 coding system, CMS has announced a partial code set freeze beginning in Oct. 2011, according to AHA News and other industry reports.

Here are 16 statistics on accounts receivable in ASCs, based on data from the VMG Health Multi Specialty ASC Intellimarker 2010.

Oxford Health Plans and Aetna have sent letters to New Jersey members and providers announcing restrictions on reimbursement for out-of-network services that may force ASCs to go entirely in-network, according to Jeffrey Shanton, director of business management for Journal Square…

Advertisement