Reduce Billing Costs: 4 Areas to Focus On

Billing is an essential part of an ambulatory surgery center's revenue cycle process, but it can be expensive. Here are four areas to focus on that can help reduce the overall cost of billing, according to a Healthcare Finance News report.

•    Staffing: Find the right balance for staffing. Overstaffing leads to unnecessary expense and understaffing can lead to slow claims processing.
•    Technology: Understand the value of maintaining technology. Upgrades and customization after the initial investment in billing technology can help keep the billing process running smoothly.
•    Integration: Finding a cost-effective clearinghouse can lead to faster claim submission and responses.
•    Automation: Automatic claims processing ensures the maximum amount of claims is being collected.

More Articles on Coding and Billing:
AMIA: ICD-10 Transition to Be Convoluted
Taking a Custom Approach: Best Practices for Effective ICD-10 Staff Training
Providers Further Behind on ICD-10 Procedural Codes Than Diagnosis Codes

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