10 ASC revenue cycle trends and developments to watch in 2017 - 247 Medical Billing Services
Contact Us

10 ASC revenue cycle trends and developments to watch in 2017

By 247 MBS 3 years ago

10 ASC revenue cycle trends and developments to watch in 2017

By 247 MBS 3 years ago
Home  /  Medical Billing and Coding  /  10 ASC revenue cycle trends and developments to watch in 2017

10 ASC revenue cycle trends and developments to watch in 2017

By: 247 MBS posted on July 1st, 2017 in Medical Billing and Coding

The Ambulatory Surgery Centers have started a new 10 trends which will launch a big development cycle for growth. It is necessary that there must be a growth in any of the medical industry to step a lofty place. The pure usage of ASC is for patients to cure within one or two days. The ASC’s are implemented with many new aims and focuses for uplifting many of the human lives by operations. Here are the 10 new trends which have been launched in ASC.

ACA with ASC

The Affordable Care Act became more popular during the presidential elections. So many new reforms are to be implemented within the ACA which will help ASC to negotiate with their payers across borders. The ASC’s have been implemented across many of the state borders. On right reforms getting into ACA the chances rises for ASC to demand right reimbursements for their services.

The new scheme

The hospitals will have to use new system of Hospital Outpatient Departments (HOPDs) instead of the old system of Consumer Price Index for All Urban Consumers which will create the medical industry to face a new change. The payments will become easier with the help of this new system.

New migrations

Some of the conditions like pain management and spine surgeries are to be considered as outpatient. For all these days those were under the category of inpatient so there will be new migrations of codings from in patient to outpatient.

Device intensive procedures

The new system migration will need some of the costliest use of implants. But the new plants will be provided after negotiating with the payers at a moderate cost. The ASC must be aware that from payer to payer the cost price for implants keeps on changing.

Auto-adjudication

The payers are focusing on getting reimbursements at faster pace. The new trends developed for ASC will surely help people to get high levels of reimbursements without any doubts. The system is designed for less complex and repetitive procedures to implement auto adjudication.

Stop frauds

All these years there have been many fraud threats happening in ASC. But new system will make efforts to combat with frauds and billings are especially based on destroying fake documents for reimbursements and other issues.

Bundled payments

The ASC team is really working hard for saving many of the patient’s life in emergency situation. The hard work which has been implemented by them will get a super change because the system for paying for performances is in progress. The ASC members will get some good amounts of payments.

Joint ventures

There are chances for hospitals to get tied up with many of the ASC to treat patients and improve their performance. It is vital for hospitals to perform joint ventures.

Plan merges

The health plan will ultimately merge with ASC to take care of the patients. The chances for reimbursements to take place at good race can happen with the new trends of ASC. These are some of the plans which are making a new trend set in this year.

Category:
  Medical Billing and Coding