Uploaded on Apr 23, 2021
To avoid Medicare payment reductions under the ASC Quality Reporting Program, providers will have to invest time and effort into making sure that the measures are being reported correctly.
Error-free Medical Coding is the lifeline of every Ambulance Surgical Centre
ERROR-FREE MEDICAL CODING IS THE LIFELINE OF EVERY
AMBULANCE SURGICAL CENTRE – 24/7 MEDICAL BILLING
SERVICES
HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/
ERROR-FREE MEDICAL CODING IS THE LIFELINE OF EVERY
AMBULANCE SURGICAL CENTRE – 24/7 MEDICAL BILLING
SERVICES
Effective revenue cycle management for ambulatory surgery
centres is because even after changes made by CMS to support
ASCs, there are some centres that continue to face difficulties in
managing their revenue cycles.
Ambulatory surgical centres in the USA have not shown any
significant growth in the past few years. Many of them either
closed down or merged with bigger medical groups due to revenue
issues. According to Provista Report of ASC Survey Findings,
reimbursement is the biggest challenge faced by ASCs across the
country along with management of days in A/R.
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ERROR-FREE MEDICAL CODING IS THE LIFELINE OF EVERY
AMBULANCE SURGICAL CENTRE – 24/7 MEDICAL BILLING
SERVICES
Following are few of the important changes introduced by
CMS in its proposed payment rule for ASCs:
The reimbursement rate is increased by 2.1% on an average on all
covered procedures for ASCs. However, not every procedure will
experience this change, as it is code-specific.
The bottom line has been lowered from 40% to 30% for device
intensive procedures.
Non-opioid pain management drugs will receive separate
payments.
The definition of 'surgery' is being revised and is proposed to
include other surgery like procedures. Also, 12 cardiac
catherization procedures are proposed to be added to the current
ASC covered list.
ASC Quality Reporting Program witnessed some big changes. ASC-
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8 was removed and beginning 2021, ASC-10 will also be removed.
ERROR-FREE MEDICAL CODING IS THE LIFELINE OF EVERY
AMBULANCE SURGICAL CENTRE – 24/7 MEDICAL BILLING
SERVICES
Billing Guidelines for ASC:
Understanding the currently effective billing and payment
guidelines is the most important step that the ASC billing
team will have to achieve in order to diminish RCM concerns.
Billers will have to ensure that the days in A/R for the surgical
centre is reduced.
Error-free coding is the lifeline of every surgical centre. AMA
added 170 new codes, deleted 82 codes and revised 60 codes
ASCs will also have to manage and keep up with the payer
contracts because they are also subject to frequent changes.
To avoid Medicare payment reductions under the ASC quality
Reporting Program, providers will have to invest time and
effort into making sure that the measures are being reported
correctly.
HTTP://WWW.247MEDICALBILLINGSERVICES.COM
ERROR-FREE MEDICAL CODING IS THE LIFELINE OF EVERY
AMBULANCE SURGICAL CENTRE – 24/7 MEDICAL BILLING
SERVICES
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,
Media Relations,
24/7 Medical Billing Services,
16192 Coastal Hwy, Lewes, DE – 19958
Tel: + 1 -888-502-0537
Email - [email protected]
HTTP://WWW.247MEDICALBILLINGSERVICES.COM
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