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4 reforms could cut healthcare spending by $1 trillion.
A report from the Engelberg Center for Health Care Reform at The Brooking Institution identifies Medicare, Medicaid, private health insurance and regulatory reform as four areas that could save the U.S. Healthcare System $300 billion in the next decade and nearly $1 trillion in the next two decades.
Physician participation in ACOs triples.
Last year, a Medscape report found only 8 percent of physicians belonged to or planned to join an accountable care organization. This year, 24 percent of the responding physicians are in an ACO or plan to join one within the year.
Billing factors into patient’s opinion of quality of care.
A TransUnion Healthcare survey of insured patients found that 70 percent of patients who had positive billing experiences also highly rated the overall quality of care. Upfront, clear information on out-of-pocket costs before treatment would have a positive effect on 67 percent of patients’ provider decisions.
Marin Specialty Surgery Center joins effort to provide care for uninsured patients.
Marin Specialty Surgery Center in Greenbrae, Calif., recently hosted its first Operation Access surgery. Open Access provides volunteer medical care and free outpatient surgery to uninsured patients in several hospitals and outpatient surgery centers.
Orthopedics is highest compensated key ASC specialty.
Medscape’s Physician Compensation Report: 2012 found that the average compensation for orthopedics is $405,000. Gastroenterology is the second highest compensated specialty with an average compensation of $342,000.
Frontier Healthcare, gastroenterologists open endoscopy center.
Frontier Healthcare has partnered with gastroenterologists Neil Brodsky, MD, and Donald Palmadessa, MD, to open Queens Endoscopy in Fresh Meadows, N.Y.
Martin Foot & Ankle purchases $1.8M medical campus.
The York, Pa., practice Martin Foot & Ankle has acquired a three-building medical campus in Springettsbury Township for $1.8 million. The practice intends to close its existing location and move its surgery center, physical therapy services and administration to the recently acquired medical campus.
More Articles on ASC Issues:
5 Coding & Billing Errors for ASCs to Avoid
8 ASC Administrators on Efficiency at Their Centers
55 Statistics on Risks to Surgery Center Valuation
https://www.beckersasc.com/asc-coding-billing-and-collections/5-coding-a-billing-errors-for-ascs-to-avoid.html
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.
