1. How do we define accounts receivable (A/R)? The easiest explanation is that it is money owed to the ASC by a patient for services already provided (a type of credit, i.e., unsecured promises by patients to pay in the…
The Latest
Here are 10 of the top news items on www.BeckersASC.com from May.
A recent study reported that Massachusetts continued to see gains in the share of residents who reported having a steady source of healthcare coverage in 2008, its second year of near-universal coverage, but also saw growing numbers of patients saying…
Recent rankings by Watertown, Mass.-based athenahealth, a leading provider of internet-based business services to physician practices, and Physicians Practice show that national health insurers are paying physicians 5.3 percent faster and denying 9.0 percent fewer medical claims over the prior…
Excellentia Advisory Group, a healthcare consulting company, is hosting a one-hour webinar by Melanie Maycock, managed care/revenue cycle management director of Excellentia, titled "CMS RAC Audit — Are You Ready?" on June 17.
Joseph Banno, MD, a board-certified urologist and founder of Peoria (Ill.) Day Surgery Center and past chairman of the American Association of Ambulatory Surgery Centers, suggests ASCs should consider adding and performing the following six urology procedures to satisfy patient…
Jeffrey Wang, MD, chief of spine surgery at UCLA, failed to disclose to his employer $459,500 in payments from medical device companies, according to a report by the Wall Street Journal.
Somnia Anesthesia has named Christina Cancel as client development manger for the Midwest and Southeast regions, according to a Somnia news release.
Q: What is the industry standard formula for calculating A/R days? We have struggled with this and our self-pay/workers' compensation tend to keep us about 48 days.
Summa Health Systems and Crystal Clinic, both based in Akron, Ohio, have merged orthopedic programs, according to a report in Crain's Cleveland Business.