How to Strengthen Your ASC Revenue Cycle? - PowerPoint PPT Presentation

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How to Strengthen Your ASC Revenue Cycle?

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Effective approaches improve your ASC billing collection and paid quickly to strengthen the entire revenue cycle of your business. – PowerPoint PPT presentation

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Title: How to Strengthen Your ASC Revenue Cycle?


1
How to Strengthen Your ASC Revenue Cycle?
2
Ambulatory Surgical Centers (ASC)
  • With the effect of updates in payment system and
    Ambulatory Surgical Centers (ASC) policies by CMS
    from January 2021 ASCs have been going through a
    lot changes and challenges in the recent times
    affecting their revenue flow.
  • Practices and physicians are trying out various
    options to strengthen their revenue cycle and set
    back their revenue goals.

3
Strengthen Financial Health For ASC Practice
4
Strengthen Financial Health For ASCs Practice
  • Adhere to the Timely Filing Limit for new claims
    and denials.
  • Ensure complete and accurate documentation
  • Insurance Eligibility and Benefit Verification
  • Follow Coding Guidelines for updates and changes
  • Keeping your Billing staff atop of the charges
    and fee schedule updates
  • Regular Claim Audits
  • Expertise in AR Follow up and Denial Management

5
Reduce Denial percentage to Maximize Practice
Revenue
  • Ensure every scope of RCM Process is handled by
    experienced and dedicated team of billers and
    coders.
  • Well experienced and Certified ASC Coder can
    handle claims efficiently producing quality
    claims reducing coding related denials.
  • Ensure Eligibility Verification and Prior
    Authorization are part of claims processing to
    avoid denials later
  • Engaging billers and coders who have adept
    knowledge of ASC billing protocols can help
    reduce considerable amount of denials.
  • Adapting to process automation with upgraded
    billing tools can reduce human errors

6
Billing Support for ASC Revenue Cycle
  • Partnering with a Medical Billing Company can
    turn out to be a one stop solution for all your
    concerns. It also helps the providers with
    undivided attention to patient care while the
    entire Revenue Cycle Management is taken care
    off.
  • Understanding what to expect from a Medical
    Billing Partner is essential to choose the best
    Medical Billing Services Provide.

7
Benefits of Outsourcing ASC Billing
  • End to end Revenue Cycle Management Support
    including additional services like, Physician
    credentialing, Indexing Medical Records, Data
    conversion and migration
  • 24/5 Billing Support, with advantage 9-12 hours
    of time difference helping in quicker claims
    processing and avoiding denials due to delays.
  • Cost Effective and guaranteed ROI
  • Expertise handling multiple billing software with
    commendable tools and technologies in place for
    effective claims processing.
  • Safe and Secure billing functions with HIPAA
    Compliance to ensure PHI
  • Cumulative experience working with difference
    payers

8
Contact Us
For more details on Benefits of Outsourcing ASC
Medical Billing Process
  • Phone 1-813-666-0028
  • www.ecareindia.com
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