Did You Receive Maximum Reimbursement in 2020?
No surprises here, 2020 was a crazy year. We recently came across a post by Simon Holland that summed it up pretty well, “Don’t know about you all but I could really go for some precedented times.” You can say that again! Unfortunately we remain in unprecedented times, but we’re not going to let that […]
Contract Management: Updating Fee Schedules 2020
It’s that time of year again! Medicare has finalized their highly anticipated 2021 Ambulatory Surgical Center (ASC) Payment System Final Rule. So, what’s next? Each ASC, and Physician who practices at an ASC, should review the ruling to see how it impacts their business and their bottom line. Some things to consider: It’s also the […]
Still Time to Complete Your 2020 Coding Audit!
It’s that time of year again! If you haven’t completed your coding audit, there’s still time. At in2itive, we take revenue capture seriously! Our number one goal is to help you capture all the revenue owed to your center. in2itive makes coding audits simple, quick and affordable. First, you tell us how many cases you […]
Outgrowing Your Current Billing Office?
Are you outgrowing your current billing office? Maybe you need a little more help, but you don’t quite have enough work for another full time employee. Perhaps you need a little help in Q4 to cover the year end surge in cases. Do you want an extra set of eyes on your aged accounts to […]
Pain Point Series Conclusion
As our pain point series comes to an end, we wanted to thank all of you for following along and for sharing your stories as well! We loved hearing about your centers and some of the ways these pain points have impacted your facilities, and how you have overcome them. In case you missed it, […]
The True Cost of In-House Billing
The idea of outsourcing your Ambulatory Surgery Center’s (ASC’s) billing and collections can be an intimidating prospect. When you’re accustomed to having an employee physically in front of you to answer any questions in real time, it can be an adjustment. That said, many practices are already considering outsourcing their billing. An outsourced billing model […]
Pain Point Series: Curbing the Effects of High Turnover
Turnover. At a time when each day is brimming with uncertainty, knowing that your staff is secure and prepared to take on the inevitable curveballs this industry throws your way is a huge relief. Fortunately, while experiencing turnover is inevitable, it can be curbed. Naturally, there will be external situations outside of both your and […]
Pain Point Series: Need to Lower Days in Accounts Receivable?
It’s uncomfortable, it’s time consuming, and it’s a necessary part of being a successful Ambulatory Surgery Center (ASC). The topic has to be: managing Days in Accounts Receivable (AR). A center’s Days in AR calculation quickly tells them, on average, how fast they are being paid. The industry standard indicates a center’s Days in AR […]
Pain Point Series: Is Down-Coding Bringing Your Revenue Down?
Thanks to all of you who have been following along with our Pain Point Series. We’ve really enjoyed hearing your stories and feedback. Today we continue the series with Pain Point #5, Down-Coding. Do you ever get the feeling all of your charges are not being captured? How would you find out for sure? What […]
Pain Point Series: Is Your Coding Accuracy a Cause for Concern?
We continue our Pain Point series this week and are talking about Coding. Medical Coding is absolutely central to the Ambulatory Surgery Center (ASC) billing process. It is the grouping of medical codes and modifiers that tell the story of the work performed, and the materials used, in a given procedure and the story must […]