Why Effective Billing for ASCs Matters
Optimizing Revenue Cycle Management
Due to a well-organized billing function, timely claims are filed, CPT, ICD-10,
and HCPCS codes are correctly used, and every Medicare and commercial
insurance policy is adhered to, which reduces the administrative burden as
well as accelerates cash flow.
Reduction in Billing Errors and Claim Denials
ASC billing features unique maladies such as missing modifiers, for
example, -59 for distinct procedural services, and inaccurately bundled
services, aside from which Closure brings delay Payment, compliance risk,
and denial. As proactive auditing tools and regular coding updates can
greatly reduce these rejection rates.
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ASC Billing Services and Their Impact on Healthcare
Efficiency