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Ambulatory Surgical Center. Growing number of ASCs have found a strong foothold, given the cost effective procedures carried out and the fact that they.

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Presentation on theme: "Ambulatory Surgical Center. Growing number of ASCs have found a strong foothold, given the cost effective procedures carried out and the fact that they."— Presentation transcript:

1 Ambulatory Surgical Center

2 Growing number of ASCs have found a strong foothold, given the cost effective procedures carried out and the fact that they are not time consuming. Ambulatory Surgical Centers, also known as Outpatient Surgery Centers are the ones that perform surgeries safely outside a hospital setting. ASCs do not provide office visits, laboratory services or diagnostic tests. A hospital operated facility could be considered an ASC. Using a combination of hospital and physician billing, ASCs are paid by Medicare under Part B and require CMS-1500 claim form while some third party carriers will allow UB04. INTRODUCTION www.medicalbillersandcoders.com Toll Free 888-357-3226

3 trength ASCs are cost effective and enable one day surgeries, saving time for the patient. Compared to a hospital setting, charges for the procedures are less expensive. eakness Lack of dedicated billing staff and time for follow up, has ASCs leave a lot of revenue on the table. Billing requires expertise since it differs from that of hospital or physician. SWOT ANALYSIS- I www.medicalbillersandcoders.com Toll Free 888-357-3226 Most ASCs end up not getting fully reimbursed due to lack of knowledge of overcoming stalls, denials and underpayments caused by insurance companies. This results in a recovery rate of 70%. ‘S’ ‘W’

4 pportunities ASCs are in great demand and have a great future with opportunities for expansion. In light of lack of time for patients, one day surgeries are preferred, also the cost effective option. hreats Hurdles in ASC are replete, foremost being declining payer reimbursement causing dwindling revenue, along with legal compliance issues which prove to be complex. SWOT ANALYSIS- II www.medicalbillersandcoders.com Toll Free 888-357-3226 ‘O’ ‘T’

5 REASONS TO OUTSOURCE www.medicalbillersandcoders.com Toll Free 888-357-3226 Focusing on ensuring patient care at the same time ensuring a smooth flow of revenue could get time consuming and tedious. This will do justice to neither patients nor the administrative tasks and overlooking either will spell out loss. Sustaining a professional team of billers is no easy task since overheads to greatly affect the bottom line if revenue coming in is not in proportion. Bringing in a smooth revenue cycle management for ASCs requires expertise and experience since the billing differs from that of a hospital or physicians billing.

6 Why Choose us as the Billing Partners? www.medicalbillersandcoders.com Toll Free 888-357-3226 MBCs team of expert and certified billers and coders are keenly aware of the requirements and regulations that surround an ASC billing. Their sound and updated knowledge contributes in offering services that do not fail you at any point, especially in this constantly changing healthcare environment. Our dedicated team will ensure maximum reimbursements and conduct a thorough follow up on every claim, also reducing your AR days.

7 Contact Us Today for Solutions on your Billing Problems 108 West, 13th street, Wilmington, DE 19801 info@medicalbillersandcoders.com Call us on - 888-357-3226 Follow Us on


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