ASC Coding, Billing & Collections

I always attribute my journey in the healthcare industry to a desire to follow in my father's footsteps. In 1998, I founded Medi-Corp to provide tailored revenue cycle management (RCM) solutions for the anesthesia and pain management industry.

CMS' policies have the power to turn the tide of the surgery center industry. Here is how those policies have both helped and hurt ASCs in 2023.

Although the mean annual wage among healthcare administrators is $122,420, that can vary based on factors including experience and practice setting, according to the most recent Bureau of Labor Statistics occupational employment statistics survey.

Here are five payer updates Becker's has reported on since June 12: 

Here are three notes pointing to payers pushing procedures to ASCs:

Here are six prior authorization stories Becker's has reported on since May 11:

UnitedHealthcare’s 2023 site-of-service policy, which went into effect April 1, could push procedures to the ASC setting. 

Payers are continuing to look at ASCs as a way to cut costs, leaders said at a March 22 California Ambulatory Surgery Association summit with payers and industry stakeholders. 

While the ASC industry as a whole has opportunity for growth, Raghu Reddy, chief administrative officer of Cumberland-based SurgCenter of Western Maryland, is concerned about the lack of accountability for payers. 

The growing number of ASCs that choose to outsource their billing have options. ASC billing companies usually offer similar services and promise similar results like endto-end revenue cycle management, strengthened bottom-line performance and increased efficiency. These are all important deliverables…