Ambulatory Surgical Centers Billing Services South Carolina, SC
Ambulatory Surgical Centers (ASCs) play a vital role in providing same day surgical care; however, the changing landscape of the US healthcare industry has cropped up various challenges for this industry. These centers are not only struggling with fluctuating reimbursement rates but physicians’ shift towards hospital employment and pressure to provide cost-effective care has also increased their woes. The number of ASC facilities in the US has remained static for the last few years as many such centers are closing down or merging with hospitals due to revenue issues.
ASC Key Statistics
According to RemitDATA, denials are causing financial pressure on ASCs with New York being the top state with highest denial rates (37%) for such surgery centers. Georgia comes second (27%) and Kentucky is on the third spot (22%)
According to HealthCare Appraisers 2013 ASC Valuation Survey, during 2012-2013, around 54% ASC management companies witnessed an increase in acquisition activities
According to a Provista Report of ASC Survey Findings, reimbursement is the biggest challenge faced by ambulatory surgical centers
Our medical billers and coders in South Carolina provide full-service medical billing solutions for multi-specialty practices. They are proficient in the deployment of medical practice electronic infrastructure, lining out medical billing processes as well as training other in-house staff.
Their expertise in consulting for Electronic Medical Records and Practice Management Software, generally impresses practices. They are present across the states, catering especially to cities such as Columbia, Charleston, North Charleston, Rock Hill and Mount Pleasant. For years they have been providing medical billing services to hospitals and medical practices.
South Carolina Professional medical billers and coders are proficient in the following:
Reduction of expenses that are related to in-house staff and minimize frequent hiring and training costs
Improve account receivables of healthcare practices
Relieves providers from the headache of updating themselves about healthcare regulations
Minimize the chances of unbilled claims which may arise due to mis-managed bills
The efforts of the Federal Government in dealing with False Claims, seem to be based strongly in South Carolina, thus all physicians in the state would want to support the initiative of intentional or unintentional erroneous claims filing.
Letting a professional Medical Billing specialist cover all risks for your practice can help you ease of the pressure in these difficult times of reimbursement cuts. All our medical billers and coders work diligently for the purpose of assuring that they create accurate and correct bills for practice and collect the highest possible revenue.
Our Billers in the state of South Carolina are specialized to service medical practices as per the regulations of the state government. Their knowledge and experience has been acquired by years of efforts in perfecting medical billing procedures which they now leverage to help your practice collect more revenue.
The federal government’s effort to reduce healthcare cost can only be supported by physicians in the state of South Carolina by optimizing costs and enhancing revenue. Letting a specialist handle your medical billing can help you improve collections by 20%.
Accurate Coding and code audit along with timely insurance follow up and account receivables are the basis on which thesebillers in South Carolina guarantee higher profitability for your clinic. Their experience in various software and certification in the medical billing processes will support your practice to grow steadily.
It has become important for ACSs to meet the competition from hospitals that are equipped with the latest tools and systems for quality care provision. They are under pressure to meet patient and physician demands, while struggling with financial and administrative challenges on a day-to-day basis.
Our expert team of coders and billers have been assisting ASCs across all 50 states in the US survive challenges brought in by healthcare reforms. With our 15+ years of experience in the medical billing domain, we have helped such centers combat top five challenges:
Getting maximum payment from insurance companies
Compliance with Healthcare Reforms
Accounts Receivable Recovery
Our billing professionals not only specialize in ASC coding and billing but also incorporate the knowledge throughout the process for offering end-to-end solutions. They are adept at handling the following services for ambulatory surgical centers:
Tracking deductibles, co-payments and fee schedules
Error-free coding and code audit checks
Generation of patient statements
Reducing denials through effective denial management solutions
Offering custom reports to helps ASCs identify reasons
With our proven ASC medical billing services, many surgical centers across the country have overcome denials and underpayments. From error-free claims submission and rigorous follow-ups to denial management, appeals and compliance to HIPAA and other reforms, our billing professionals offer comprehensive solutions. Our coders are updated with the latest changes in ASC coding and make use of the latest software to deliver quality solutions.
Why is MBC the Best Choice for ASC Billing?
We take pride in our team of billing experts who are well-versed in revenue challenges concerning ASCs. Our expertise in ASC billing helps us deliver top quality services in the industry. We have ASC -specialized coders with certification from the AAPC (American Association of Professional Coders) who ensure error-free application of codes for maximum revenue. Our company has well-trained AR callers who work vigorously to procure maximum payments from insurance companies. Our 24/7 best-in-class customer services helps us ensure high standards of client satisfaction.
Helping ASCs Save More and Spend Less
ASCs avail our end-to-end billing and RCM solutions to ensure a steady flow of income, streamline revenue cycle and enhanced workflow. Our team of billing experts brings them maximum revenue for rendered services, enabling them to invest in latest equipment, tools and systems for procedures such as endoscopy. MBC’s comprehensive billing and coding solutions help such centers reduce the impact of ageing population on the demand for surgical procedures.
We understand the importance of ASCs in mitigating the impact of aging population on shortage of surgery workforce. By maximizing revenue and minimizing claim Denials, we help ASCs retain their autonomy and keep working they way they must.