Accounts receivable is an important financial metric for ambulatory surgery centers. Here are three tips for A/R success, according to an AAPC report.
• Monitor time spent on appeals. Analyze appeals to identify any problems in policy or staff training.
• Monitor individual payer contracts and reimbursement rates. Ensure proper payment is being received on each case.
• Avoid writing off denials without a supervising signature. Denials that are incorrectly signed off on will lead to lost revenue.
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• Monitor time spent on appeals. Analyze appeals to identify any problems in policy or staff training.
• Monitor individual payer contracts and reimbursement rates. Ensure proper payment is being received on each case.
• Avoid writing off denials without a supervising signature. Denials that are incorrectly signed off on will lead to lost revenue.
More Articles on Coding and Billing:
4 CMS Updates on ICD-10
9 Threats to ASC Revenue Cycle Management Success
From Now Until October 2015: The New ASC ICD-10 Implementation Timeline