Ambulatory Surgical Centers
While ambulatory surgical centers (ASCs) are essential for same-day surgical care, the US healthcare system is evolving, posing a number of difficulties to the ASC sector. In addition to dealing with inconsistent reimbursement rates, these centers are also beset by the pressure on doctors to deliver cost-effective care and the change in their employment from private practice to hospitals. For the past few years, the number of ASC facilities in the US has stayed constant as a result of these centers closing or merging with hospitals because of financial difficulties.
Key Statistics for ASC
- RemitDATA reports that denials are placing financial strain on ASCs, with New York having the highest state-level denial rate (37%) for these types of surgery centers. Kentucky is ranked first (27%) followed by Georgia.in third place (22%)
- The HealthCare Appraisers 2013 ASC Valuation Survey reports that between 2012 and 2013, about 54% of ASC management organizations saw an increase in purchase activity.
- The largest issue ambulatory surgical centers confront is reimbursement, per a Provista Report of ASC Survey Findings.
It is now crucial for ACSs to compete with hospitals that have the newest technology and high-quality care delivery systems. They face daily administrative and budgetary difficulties in addition to the strain to satisfy the needs of patients and physicians.
Our skilled group of billers and coders has been helping ASCs in every state in the US overcome the difficulties posed by healthcare reforms. With our more than 15 years of expertise in the healthcare billing domain, we’ve assisted these centers in overcoming the following five obstacles:
- Getting the most money possible from insurance providers
- Compliance of EMR Implementation with Healthcare Reforms
- Recovery of Accounts Receivable
- Handling Denies
In addition to their expertise in ASC coding and billing, our billing specialists apply their knowledge to provide end-to-end solutions. They are skilled in providing ambulatory surgery centers with the following services:
- keeping track of price schedules, co-payments, and deductibles
- Coding without errors and code audits.
- Making declarations for patients
- lowering denials by using efficient denial management techniques
supplying tailored reports to assist ASCs in determining the causes
Numerous surgical centers across the nation have overcome underpayments and denials thanks to our tried-and-true ASC medical billing services. From filing claims without errors and conducting thorough follow-ups to handling denials, appeals, and compliance Our billing experts provide thorough answers to HIPAA and other regulations. Utilizing the most recent technologies and staying up to date with ASC coding changes, our coders provide high-quality solutions.
Why is PBC ASC Billing the Best Option?
We are proud of our staff of billing specialists who are knowledgeable with ASC revenue issues. Our proficiency with ASC billing enables us to provide the highest caliber of services in the sector. Our ASC-trained coders, certified by the American Association of Professional Coders, guarantee flawless code implementation for optimal profit. Our organization employs skilled AR callers who diligently strive to obtain the highest possible reimbursements from insurance providers. Our round-the-clock, first-rate customer service enables us to guarantee excellent client standards.
Aiding ASCs in Spending Less and Saving More
ASCs use our end-to-end billing and RCM solutions to improve efficiency, expedite the revenue cycle, and guarantee a consistent flow of revenues. Our team of billing specialists maximizes their revenue for services provided, allowing them to make investments in state-of-the-art tools, equipment, and systems for procedures like endoscopy. These facilities can lessen the effect of an aging population on the need for surgical treatments by utilizing PBC’s all-inclusive billing and coding solutions.
We are aware of how crucial ASCs are to reducing the effect of the aging population on the labor crisis in surgery. We assist ASCs in maintaining their independence and carrying out their essential tasks by optimizing revenue and reducing claim denials.