The following is reprinted from Medicare Learning Network's Medicare Quarterly Provider Compliance Newsletter (Volume 1, Issue 1). Problem Description CMS uses the RAC program to detect and correct improper payments in the Medicare FFS program and provides information to CMS,…
ASC Coding, Billing & Collections
The Office of Inspector General says it will review several issues pertaining to surgery centers, including analyzing the appropriateness of the methodology for setting ASC payment rates under the revised ASC payment system, according to the OIG Work Plan for…
In the current economy, patients are finding it more and more difficult to pay their bills — so much so that they often put off non-elective procedures because their high-deductible insurance plans require a hefty financial contribution. Three ASC collections…
Accounts receivable is easily the most misquoted ASC statistic, says Joe Zasa, co-founder and managing partner of ASD Management, and this is very bad news for ASCs as A/R days is also the most important business statistic.
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.
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Here are 10 stories that will improve your ASC's collections.
Becker's ASC Review has learned of a recent decision in the Illinois courts regarded as an important step forward in ASCs' efforts to achieve reasonable out-of-network payments.
Conservative commentators are surprised by the ferocity of top Democrats' anti-free speech responses to insurers who have been blaming 2011 rate increases on new requirements for the industry under the healthcare law, which begin this week.
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…
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.