Five mistakes that can hinder a joint venture’s financial performance:
1. Relying on hospital software to manage ASC billing
2. Not establishing systems for scheduling and insurance verification
3. Putting hospital staff in charge of ASC billing office tasks
4. Using practice management software to perform ASC billing
5. Thinking an RCM partner eliminates the need for business office staff
More articles on coding, billing and collections:
Most health systems plan to assume more risk — 3 insights
Discounts and waiving co-payments and deductibles: The compliance risk for ASCs
The 2019 guide to ASC billing, collections & contract negotiations
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
