Services > Ambulatory Surgical Center
Premier Ambulatory Surgical Center (ASC) Billing Services
Ambulatory Surgical Center
All-in-one Billing Solutions for Surgical Centers
All-in-one Billing Solutions for Surgical Centers
At Accredited Billing and Consulting, we specialize in billing for the unique challenges facing ambulatory surgical centers. Our skilled team ensures precise CPT & ICD-10 coding, claims are submitted timely, and denial management is in place for maximum reimbursements and revenue losses. As guidelines and compliance evolves with payers and third-party payers, your ASC can streamline its revenue cycle, eliminate administrative burdens, and focus on your patients and staff.
ASC Billing Challenges & How We Overcome Them
ASCs are in a continually changing landscape and face challenges from fluctuating reimbursements to complex payer payment policies along with increased regulatory oversight. Our billing team specializes in:
- Complying with Changes: Assuring compliance with payer regulations and ASC billing compliance to avoid denied charges.
- Maximizing Reimbursements: Proper coding and documentation for procedures like endoscopies, orthopedic surgeries, and pain management.
- Lowering AR Aging: Collecting on days aging AR through intelligent denial management.
- Enhance Revenue Cycle Performance: Utilizing real-time reports to monitor claims, revenues, and improve cash flow.
ASC Revenue Influenced by Industry Trends
ASCs are facing increased competition from hospitals, as well as changes to the regulatory environment. Based on industry publications:
- Revenue growth at ASCs has not only been negatively impacted by rising expenses, but also with changes to payer requirements.
- Ophthalmology (30%), orthopedics (15%), gastroenterology (14%), and pain management (10%) representedthe most common ASC procedures.
- Concerns over reimbursement issues persist, which challenges ASCs to implement effective and efficient billing methodology.
Comprehensive ASC Billing Solutions Backed by Expertise & Proven Results
Surmounting complex billing tasks through specialized knowledge, regulatory compliance, and end-to-end revenue cycle management, maximizing the profitability of your ASC.
Challenges in ASC Billing & How We Address These Challenges
- Understanding and Responding to Compliance Changes: Keeping up to date on payer regulations and ASC billing guidelines to avoid claims denials.
- Ensuring Optimal Reimbursement: Making sure the required documentation and coding is completed for endoscopies, orthopedic surgeries, and pain management procedures.
- Reducing AR Aging: Implementing smart denial management strategies to recover outstanding payments faster.
- Enhancing Revenue Cycle Performance: Leveraging real-time reporting to track claims and improve cash flow.
Services We Offer
- Accurate Coding & Charge Entry: Applying the correct CPT, ICD-10, and HCPCS codes for error-free claims.
- Insurance Eligibility Verification: Confirming patient coverage to avoid claim denials.
- Claims Submission & Follow-Up: Ensuring timely and compliant claims processing.
- Denial & Appeal Management: Resolving denied claims efficiently to recover lost revenue.
- Payment Posting & Reconciliation: Ensuring accurate financial reporting and account balancing.
Why Accredited Billing and Consulting?
Interacting with commercial insurers and government payers requires expertise and up-to-date knowledge of constantly evolving policies. Our team is well-versed in payer requirements, insurance claims management, credentialing services, contract negotiations, and regulatory updates, ensuring smooth reimbursements and minimized delays
Experienced ASC Billing Specialists
Our staff comes with extensive experience in understanding ASC Billing complexities.
Results-Oriented
We facilitate ASCs choice of billing to improve cash flow, decrease denials, and operating profit.
Customized Services
We adapt our bills based on your center's requirements.
Efficient & Transparent Processes
Our billing platform, software and facilitated compliance provide for a smooth revenue cycle.