Efficiency Unleashed: The Transformative Power of Automation in Managing Aging AR Balances for ASCs
Efficient revenue cycle management (RCM) is crucial for all healthcare facilities, particularly ambulatory surgery centers. These facilities’ revenue cycles are uniquely vulnerable to losses. Automation in the healthcare revenue cycle offers a simple, intuitive, and cost-saving approach to ensure your ASC maximizes revenue without burdening your billing team. A vital application of RCM automation is […]
Future-Proofing Your RCM: The Impact of Technology on Medical Billing and Coding
As an ambulatory surgery center (ASC) leader, the most important investment you can make is one that shields your bottom line from revenue losses. What’s the easiest way to do this? One word: technology. A New Era of Billing and Coding If your facility relies on manual billing and coding processes, like most of the […]
Why You Should Stay On Top of Billing KPIs
The first step to reaching any goal is breaking up the process into smaller, more digestible goals. In revenue cycle management, this means setting measurable goals that quantify progress and point out areas for improvement. Analyzing financial health involves more than a quick look at your bottom line. Monitoring these key performance indicators (KPIs) provides […]
The Results Are In: New Report Dives Into Improved Revenue Cycle Performance
If you’re wondering what success looks like when you partner with in2itive, new results from an independent data analysis firm shed some light on what you can expect. The study looked at the impact of in2itive’s revenue cycle management (RCM) services on the financial performance of a sample of clients over an 18-month time frame. […]
Mission-Critical Billing Practices for New ASCs
Opening a new ambulatory surgery center (ASC) is a marathon, not a sprint. Despite the laundry list of to-dos and endless obligations, there is one process that new ASC administrators should place at the top of the list: billing. Without due diligence in each step of the revenue cycle, leadership teams essentially guarantee that money […]
5 Things to Look For in an RCM Partner
Seamless revenue cycle management (RCM) is critical to building profitability and guaranteeing success — you shouldn’t hand it over to just anyone. To help narrow the search for the ideal RCM partner, we’ve gathered a few of the most important qualities. #1 | A Core Focus On Building Relationships You can’t have a fruitful relationship […]
4 Revenue Cycle Management Mistakes to Avoid
It’s no secret that a healthy revenue cycle is the lifeblood of a thriving ambulatory surgery center (ASC). However, proper management is a must for keeping a steady cash flow. Without close supervision in each step, your surgery center can fall prey to common revenue cycle management (RCM) pitfalls that wreak havoc on your bottom […]
Industry Update: 2023 ASC Government Affairs
Are you keeping up to date on new ASC legislation? Staying current on recent and upcoming billing and coding changes can help your ASC maximize reimbursements and avoid unnecessary financial penalties. Full Speed Ahead: Advocating for the Nationwide ASC Community As a member of the Ambulatory Surgery Center Association (ASCA), in2itive is on a mission […]
Billing Trends for 2023
If the last few years have taught us anything, it’s the value of being prepared for major industry shifts. And while 2023 looks a bit brighter in terms of global health emergencies, forecasted changes in the healthcare industry could work against the recent recovery efforts. These anticipated trends have the potential to majorly impact both […]
Insights to Ophthalmology Coding
In recent years, ophthalmology practices within ASC facilities have been steadily increasing. As the speciality has grown, our subject matter experts have gotten to dive more into the world of ophthalmology coding as they navigate the world of cataracts, glaucomas and beyond. In chatting with our Coding Compliance Auditor, Micah, we have some tips – […]
