Know About ASC Billing Challenges


Dannyjohn1112

Uploaded on Oct 28, 2021

As per the constantly changing healthcare and ASC billing scenario, ASCs need to formulate and implement unique strategies to overcome the challenges.

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Know About ASC Billing Challenges

Know About ASC B i l ling Challenges https://www.247medicalbillingservices.com | +1 888-502-0537 Know About ASC Billing Challenges The ambulatory surgical center (ASC) market has seen rapid growth in the last few years. Increasing health costs along with insurance limitations are turning more people towards the outpatient setting when it comes to quality surgery at an affordable cost. Outsourcing ASC medical billing can help you address your financial concerns and also increase your profit rates. However, as per the recent reports, the ASCs are constantly facing many challenges when it comes to improving their revenue generation. https://www.247medicalbillingservices.com | +1 888-502-0537 Know About ASC Billing Challenges Tips for handling payers include:  Consider combining the direct commercial payer agreements with the primary and the secondary, complementary payer agreements.  Breakthrough the closed networks by informing the payers about having a surgical center in their network. Highlight the unique services that you offer, along with the geographical advantages and the clinical benefits.  Focus on the language of the contracts  Periodically review the contracts to keep track of the changes and the expiry dates.  Understand and learn about the payer’s rules and conditions. Partnering with an experienced ASC medical coding company can take the burden off your shoulders. The medical coding companies ensure error-free claim submission and offer optimal reimbursements. https://www.247medicalbillingservices.com | +1 888-502-0537 Know About ASC Billing Challenges Conclusion: You can expect comprehensive support from the medical coding companies if you outsource ASC billing tasks to 24/7 Medical Billing Services. We can process claims faster and reduce the AR days. We have trained billers and coders who are specialists in claim submissions. We will review the accounts, identify issues with the claims, and get them rectified as soon as possible. Our team will also review the denials and file the appeals. Experienced billing and coding companies like us also offer business intelligence reports and performance-driven analytics to better understand your practice position. With the ever-changing healthcare practices and higher patient deductibles, it is wise to seek external support experts for ASCs medical billing and coding for overall improvement in revenue collections. https://www.247medicalbillingservices.com | +1 888-502-0537 Know About ASC Billing Challenges About 24/7 Medical Billing Services: 24/7 Medical Billing Services is the nation’s leading medical billing service provider catering services to more than 43 specialties across the entire 50 states. You can rely on us for end-to-end revenue cycle management. We guarantee up to 10-20% increase in the revenue with cost reduction of your practice for up to 50%. Media Contact: Hari Sudan, 24/7 Medical Billing Services, 16192 Coastal Hwy, Lewes, DE – 19958 Tel: + 1 -888-502-0537 Email - [email protected] https://www.247medicalbillingservices.com | +1 888-502-0537