Compliance guidelines that govern the Ambulatory Surgery Center’s reimbursement are wide-ranging, complex, and ever-changing. Hence, it’s important for ASCs to hire or partner with Ambulatory Surgery Center medical billing and coding management consultants who understand the legal rules placed on ASCs, including specialized coding, accreditation, documentation, and reimbursement care contracts. Here are Prominent Ambulatory Surgery […]
Prominent Ambulatory Surgery Center Medical Billing Functions are Affecting Your Practice Revenue
ASC Medical billing and coding: The fastest growing Healthcare service!
The Ambulatory Surgical Center (ASC) as a healthcare service market has grown rapidly in recent years. As insurance limitations get more stringent and health costs increasing by the day, more and more people are now turning to the outpatient facilities for quality surgery at affordable rates. Outsourcing your ASC medical billing and coding helps you […]
How Your AR Determines Your Ambulatory Surgery Center’s Financial Future
AR is the average number of days it takes practice to collect payments due. This metric provides valuable insight into the overall efficiency of your revenue cycle. A lower AR implies faster payment—a necessity in today’s self-pay and high-deductible health plan environment. Physicians need to collect every dollar that’s due to them as quickly as […]
ASC Coding And Billing: Knowing What’s Important
The basics of ASC Coding And Billing aren’t hard to master, but they do differ from physician and facility requirements. The following overview will help you know what’s most important in the ASC setting. ASCs use a combination of hospital and physician billing. Although ASCs use CPT and HCPCS Level II codes to bill most of […]
CMS-Proposed Rule: Changes to the Ambulatory Surgical Center Payment
The Center for Medicare and Medicaid Services (CMS) proposed a new rule that will update the payment policies and rates. The update will specifically cater to Hospital Outpatient and Ambulatory Surgical Centers (ASC). The rules will set forth a motion to promote efficient service and promote higher quality service for all the Medicare beneficiaries. The […]
Why your Ambulatory Surgical Center Facility should Prepare for 24/7 Care?
After an extended period of stationary growth primarily due to a glut of capacity coupled with flat or declining revenue growth, we are now able to see a resurgence of Ambulatory Surgery Centers (ASCs). As a matter of fact, experts are forecasting a significant growth spurt in the Ambulatory Surgery Center industry including the 24/7 […]
All-in-one solution for your Ambulatory Surgical Center (ASC)
There are over 5,400 surgery centers. Available physicians are limited and hospitals continue to pose a strong competition – sometimes partnering with ASC. Ambulatory Surgical Center will need to excel in a single specialty and run a very low-cost center model to sustain in the future. By 2022, healthcare industry revenue is forecast to grow […]
Maximize the Value for Your Ambulatory Surgical Center in 2018
The ambulatory surgical center was invented about four decades ago. The centers have proven exceptional abilities to improve customer care and quality facility which have been provided along with simultaneously reducing the costs. With the time when the majority of the shift witnessed in the healthcare industry with the technology advancement which is expensive; ASCs […]
CMS 2018 Final Rule To Impact Orthopedics ASCs
The Center for Medicare and Medicaid Services (CMS) has issued the final rules on Ambulatory Surgical Center (ASC) reimbursement and changes that could have important implication on the orthopedics billing in ASC. The rule includes update to payment policies, payment rates and also the quality provisions for the services provided under the Physician Fee Schedule […]
Value-based Care and Independent ASC Billing Facilities
With the tremendous changes in the health care industry, it is going evolving with new rules and regulations to match up with the people’s expectations and demands. It is one of the biggest transition phases wherein the independent practices are transforming their independent practices to value-based care ASC Billing Facilities. Ambulatory surgery centers (ASCs) are […]