Business Network New York
Companies:51,220
Products and Services:2,875
Articles and publications:31,146 (+2)
Tenders & Vacancies:17

7 Frequently asked ASC Billing Questions
Information is out of date

7 Frequently asked ASC Billing Questions
8/1/2023
Read the blog and know about the 7 Frequently Asked ASC Billing Questions to ensure you do not lose out on revenue in your ASC services.

7frequentlyaskedascbillingquestions.jpg

Ambulatory Surgical Centers (ASCs) cater to patients who need medically essential surgeries but do not require an overnight stay at a hospital. The following are certain frequently asked ASC Billing Questions arena:

7 Frequently Asked ASC Billing Questions

1. Which is the top information systems management for ASCs?

A couple of models used for ASCs are Electronic billing and a strong reporting package, the ASP model for supporting business competence, data analysis using Excel, immediate insurance verification, scanning of reports into patients’ charts, software compatibility, facility billing, and the ASP model for business competency. Types of A/R reports that ASC software programs can generate are insurance provider, financial class, date, patient, and procedure.

2. What is the standard for A/R days outstanding?

A/R is the money owed by a patient to ASC for services provided (short-term asset). Due to a difference in the case of each patient along with different insurance providers, market location, and out-of-network volume (increases in A/R days), there is no ideal number for A/R. It is imperative to benchmark against other centers to stay on top.

3. When is the time to switch to outsourcing?

If the staff is not technically skilled and talented, if cash metrics do not meet the national criterion and outdated technology is affecting business, it is time to switch to outsourcing.

4. What are the things to buy while switching from paper to electronic?

First, determine if the return on investment will prop up the switch. Following this, choose Electronic Health Records (EHRs) or Electronic Medical Records (EMRs). EHR is less expensive; however, time, money, and cost outlay decide which system you want to buy along with reviewing the features of both. EHRs store the clinical and financial data of ASCs while EMRs store data, allow data sharing, and encompass the physician dictation section. Both of these should also be able to interface with other systems of the ASC center.

5. What is required for reporting the -TC modifier?

The -TC modifier should be reported only when the ASCs bill for facility charges (with HCPCS codes) and have a technical and professional constituent under the Medicare Physician Fee Schedule (MPFS).

6. What are the paid procedures and services in ASCs?

The billable procedures are mentioned in Addendum AA of the hospital outpatient prospective payment system (OPPS)/ASC final rule. ASCs can bill separately for certain ancillary services that are covered by Medicare such as brachytherapy, certain implantable items, drugs, biologicals, and radiology services etc. Physician examinations and prosthetic devices can be billed under Medicare Part B.

To know more about 7 Frequently Asked ASC Billing Questions, click here: https://bit.ly/3Kit9mT Contact us at info@medicalbillersandcoders.com888-357-3226.

view all (185)

Other articles and publications:

Ready to outsource your revenue cycle? Here are three red flags when searching for an outsourced ASC billing company.
4/20/2023
ASC Billing v/s Hospital Billing ASC Billing v/s Hospital Billing
Information is out of date
Confused between ASC Billing & Hospital Billing Services? Read here: https://bit. ly/3WDPe3T to know how ASC Billing & Hospital Billing differentiate from each other.
11/7/2022
Understanding ASC billing and coding Understanding ASC billing and coding
Information is out of date
Here we shared the Understanding the basics of ASC billing and coding aren’t hard to master, but they do differ from physicians.
3/3/2023
Here our billing and coding experts shared how to establish payment rates for some surgical procedures and the Basics of ASC Billing.
3/8/2023
Correct Use of Modifier 50 in ASC Billing Correct Use of Modifier 50 in ASC Billing
Information is out of date
In this Blog, here we discussed the Correct Usage of Modifier 50 in ASC Billing and Modifiers LT and RT for Bilateral Procedures.
3/28/2023
To get more information about the Benefits of Outsourcing Ambulatory Surgical Centre (ASC) Billing click here: https://bit. ly/3sU45Kd. Get in touch with us at: info@medicalbillersandcoders. com
10/27/2022

Articles and publications of other companies:

FAQ about Phlebitis and Related ICD-10 Codes FAQ about Phlebitis and Related ICD-10 Codes
Information may not be reliable
Phlebitis refers to an inflammation of the veins. The article discusses some frequently asked questions and answers about phlebitis along with the ICD-10 codes.
2/12/2021
Information page, which includes a list of frequently asked questions and other important information that should be taken into consideration.
8/22/2020
Tips to Finding the Best Roofing Company
Information may not be reliable
Choosing the best roofing company isn't hard but it takes some effort. Take your time and ask plenty of questions before you take any final decisions.
11/3/2020
Lifetime. When it comes to finding a remodeling contractor, you need to ask the right questions to ensure you get the best contractor.
9/26/2020
How To Find A Quality Stone Walls Contractor
Information may not be reliable
Be sure to ask plenty of questions to make sure that they have experience and can make the work as you want.
10/4/2020
Tips For Choosing the Right Gun Store
Information may not be reliable
If they ask you a question that you do not understand, then you need to look somewhere else.
1/18/2021
Business details
  • +1 (888) 357-3226
  • 108 West, 13th street, Wilmington, DE 19801
We are the leading Medical Billing Services Outsourcing Company qualified and competent to address diverse medical specialties over 2 decades now in the USA.
×