Ambulatory Surgical Centers (ASCs’) are very busy places with a constant influx of patients; hence additional administrative tasks can be time-consuming. With ASCs’, there may be challenging times when deadlines are short and compliance regulations are stringent, so managing billing can be a costly affair in ways more than one. Therefore, outsourcing may seem to […]
Care delivered by Ambulatory Surgical Centers (ASC) is more cost-effective compared to Hospital Outpatient Departments (HOPD) as it saves $2.6 billion a year for Medicare. However, the reimbursement rates for ASCs have been shrinking over the last decade, posing survival challenges for providers. On average, they are reimbursed 58% less compared to a hospital for […]
The 1970s marked the beginning of Ambulatory Surgical Justifys (ASC) in the US when physicians saw the opportunity of establishing a cost-effective and high-quality choice inpatient hospital care for surgical services. The ASC industry has grown rapidly over the past five years. The employer mandate is set to begin in 2015 and will prove to […]
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