Three revenue cycle benchmarks to track:
1. Compiling external benchmarking data from other ASCs can give revenue cycle staff an idea of how their ASC is performing compared to others.
2. Gathering data on your own ASC through internal benchmarking is also useful. The key data to collect includes average reimbursement, average days to bill and overhead costs.
3. Internal benchmarking can also help when determining areas for quality improvement.
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The biggest opportunities for ASC revenue growth in the next 10 years: 3 Qs with Dr. Henry Miller
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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.