What’s on the horizon for ASC reimbursement, cost reporting: 3 quick notes

ASCs will likely be required to report cost data in the near future because of increasing demand for price transparency in healthcare, according to Health Capital Consultants.

Advertisement

Three quick notes:

1. While cost reporting could add to ASCs’ administrative burden, it could also help them improve care quality.

2. Site-neutral payments for ambulatory services are likely here to stay and will give ASCs a competitive advantage.

3. ASCs could see a significant increase in volumes, and therefore increased revenues, because of Medicare’s push for the outmigration of care.

More articles on coding, billing and collections:
FocalPoint Holdings enters into patient financing partnership
How a Boston-based ASC made patient payments more effective
Total costs for 4 eye procedures at ASCs vs. HOPDs

 

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.

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.