Here are three things to know:
1. ASCs that do not comply with the ASC quality reporting program will receive a 2 percent point reduction of the annual payment update.
2. CMS noted that around 95.9 percent of eligible ASCs met the criteria to receive a full payment update of negative 0.3 percent for 2016.
3. ASCs looking to appeal the determination must submit a reconsideration request by March 17.
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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.