Avoiding mistakes, developing denial logs and gathering unpaid claims are just a few ways ASCs can improve their revenue cycle, according to ASC billing servicer Serbin Medical Billing.
Five tips:
1. Submit claims without errors to speed up payment.
2. Track denials and correct mistakes and discrepancies that lead to them.
3. Sort unpaid claims by payer and follow up on them to save time and money.
4. Be persistent in following up on unpaid claims and stay on top of denials.
5. Analyze accounts receivable reports to keep up with unpaid claims.