Billers in an ASC setting play a significant role in profitable Ambulatory Surgical Centers. Ensuring complete reimbursements depends on the ability of the biller to submit accurate claims on a timely basis. In order to assist facilities get a better grip on their revenue, it is pertinent for an effective billing process to be in place. The first step involved in enhancing collections is the root of the process- as easy as validating insurance eligibility.
In order to achieve success with ASC billing, it is important that the staff handling the billing is efficient, effective and adept with the intricacies revolving and ASC billing process. The right revenue cycle specialist plays a vital role in the financial health of the Ambulatory Surgical Center.
Industry Highlights-
| Ambulatory surgery centers spend an average of $1.42 million on employee wages |
| Making use of an EHR in an ASC can reduce costs by 3 percent |
A few tips to assist in ensuring profitability in an ASC.
The key to an effective billing process is generating data and accurately analyzing it, along with a thorough follow up. However the billing process is a constant struggle for many ASCs and is the biggest reason for lost revenues. Thus, a few pointers as mentioned above can help ease down matters and bring about a smooth revenue flow.
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