Common Billing and Coding Mistakes
Consistent cash flow is necessary to keep your ambulatory surgical center operating smoothly, but sometimes coding errors can lead to billing mistakes, delays in processing, and a disruption in that all-too-important cash flow cycle. The good news is that most of these errors can be avoided. Here are some of the most common mistakes made […]
6 Ways Outsourcing Medical Billing And Coding Can Benefit Your ASC
Today an increasing number of individuals are playing the role of patient as well as payer. This trend is set to continue for the foreseeable future, and impact revenue cycle management in a number of ways. Billing and coding tasks can be quite demanding, and for many ASCs, it may not make much economic and […]
Mastering Proper Implant Charges & ASC Billing Processes
Managing the coding, billing and payments related to implants involves a lot of individuals—everyone carries their own piece of the puzzle and it’s important to have every piece in the right place. So how do you get the pieces together correctly the first time? First and foremost, communication. After that, it’s all about keen attention […]
Improve Patient Collections with Transparency, Simplicity & Efficiency
The structures that govern healthcare reimbursements to providers have shifted drastically in the last few years, with the result being that patients are carrying increased financial responsibility for their care. Patients are not only making an increased number of healthcare payments, with one source stating that the number of patient payments has increased almost 200%1, […]
Managing Performance With Billing Software Updates
Software and technology is a mainstay in today’s ASC business office. Whether it’s to gather and analyze data, verify insurance or estimate a patient’s financial obligation, IT-based automation keeps the revenue cycle management (RCM) process moving quickly and efficiently. With that in mind, it’s important to keep your RCM software up-to-date. Just like your home […]
Billing Total Joint Replacements
Total joint replacements are among the most common procedures in America—more than 1,000,000 of these surgeries are performed every year. Historically, total joints have been a hospital staple. But as demand for these procedures grows, and as medical technologies continue to advance, many physicians have opted to move total joints into ambulatory surgical centers (ASCs), where […]
ASC Billing Audits — Paving An Unexpected Path To Success
Too many people hear the word “audit” and believe it signals trouble. But generally speaking, audits are actually a preventative measure, not a reactionary scrutinizing of financial history triggered by tax evasion. In fact, for surgery centers, hospitals and similar healthcare facilities, audits can be key to financial health by preventing denials and optimizing reimbursement. […]
Elevating RCM Success By Embracing Value-Based Healthcare
“Consumer-driven” and “value-based” are the buzzwords you’ve been hearing from every corner of the healthcare community, and it makes sense. Throughout 2016, the Centers for Medicare & Medicaid Services are leveraging the “value-based payment modifier” in the physician fee schedule and beginning to tie reimbursement to overall quality of care, rather than simply services rendered. […]
Hitting the Road with in2itive Business Solutions
Summertime is on the horizon and that means in2itive is on the move. We’re packing up our presentation booths and key members of our team and heading out to healthcare’s biggest events—looking for the best opportunities to see you and learn how we can take our work to the next level. Take a look at […]
The ICD-10 Apocalypse—Are We Surviving?
Weeks ago, people in the revenue cycle and healthcare industries were looking to October 1, 2015, like it would be the dawn of the zombie apocalypse. Even as they were training and preparing for the ICD-10 switchover, professional coders, billers and revenue cycle managers feared there would be a sudden breakdown in their system and […]
