ASC Rev Cycle Mythbusting: 3 Common RCM Misconceptions
Executing an effective revenue cycle management strategy is critical to the long-term financial health of your ambulatory surgery center. However, it can be a challenge to keep pace with the ever-changing nature of the RCM landscape. Managing the nuances involved in all aspects of the revenue cycle, from initial visit to final follow-up, requires constant […]
Working Backwards: How Tech-Driven A.R. Assessments Can Pinpoint Areas for Rev Cycle Improvement
As you begin to reflect on 2024 and prepare for a new year, assessing your revenue cycle for long-term growth likely sits at the top of your to-do list. However, recognizing that inefficiencies exist is only step one. Step two? Identifying the specific revenue cycle gaps unique to your ambulatory surgery center. Working closely with […]
The Top 3 Coding Mistakes ASCs Don’t Know They’re Making
Accurate coding: the cornerstone of revenue growth for healthcare organizations, particularly vital in ambulatory surgery centers performing high-dollar services. Billing errors often originate during the coding phase, when procedures are not accurately documented or translated from clinical notes to billable codes. While obvious errors may lead to denials, subtler inaccuracies can pass unnoticed yet significantly […]
The Anatomy of A.R.: Understanding Its Impact on Cardio ASC Financial Health
Enhancing your surgery center’s financial health hinges on collecting payment efficiently. Accounts receivable (A.R.) quantifies this ability, pinpointing exactly how long it takes to get reimbursed for your services. Keeping a close eye on A.R. status is especially crucial for heart and vascular ambulatory surgery centers (ASCs)…
Scaling Success: How an RCM Partner Can Propel Growth for Orthopedic ASCs
In the fast-paced world of orthopedic ambulatory surgery centers (ASCs), efficient revenue cycle management (RCM) is crucial for both operational success and financial health. While your center is focused on providing top-tier patient care, it must also operate as a business to continue offering advanced technology and skilled providers.
Staging a Surgery Center for Billing Success: How in2itive Partnered With a Facility to Prime Its Business Office for Immediate Growth
Since 2018, this ambulatory surgery center has offered outpatient endoscopic procedures and total joint replacement surgeries in its four operating rooms. With a team of 30, the client was optimized for clinical proficiency but lacked ASC-specific billing expertise.
Building Stronger Payer Partnerships: A Guide for ASCs
Learn four strategies ambulatory surgery centers (ASCs) can leverage to foster positive payer relationships to position themselves as valuable partners in providing cost-effective, high-quality care.
Front-End RCM Optimization: Key Strategies for Reducing Open A.R. in ASCs
Learn the front-end billing steps ASCs can take to decrease open AR by leveraging technology to perform patient information collection and verification.
Mastering Dental Coding in Your ASC: Essential Tips for 2024
The Centers for Medicare and Medicaid Services (CMS) is significantly enhancing the role of ambulatory surgery centers (ASCs) in comprehensive health care. Historically, CMS’s healthcare coverage largely excluded dental services. However, starting January 2024, CMS will include reimbursable dental procedures in ASCs, following the dental payment provisions added in the 2023 Physician Fee Schedule. This […]
Industry Update: 2024 ASC Government Affairs
Explore the new ASC billing policies from the Outpatient Surgery Quality and Access Act of 2023 to learn how to improve facility revenue in 2024
