Category: ASC Coding, Billing and Collections

Reimbursements stifling ASC growth: 5 leaders' thoughts

Five ASC leaders recently joined Becker’s to discuss how reimbursement issues remain one of the biggest challenges for surgery centers in many markets. 

New York physician found guilty for kickback scheme 

A Kings Point, N.Y.-based physician has been found guilty in a kickback scheme that defrauded Medicaid and subjected patients to procedures they did not need. 

Tennessee system joins Farm Bureau Health Plans' Medicare Advantage network as others bail

Johnson City, Tenn.-based State of Franklin Healthcare Associates has joined Farm Bureau Health Plans’ Medicare Advantage network, in a move that comes as several major health systems are shying away from Medicare Advantage partnerships. 

'I have zero faith in our payers': Where ASCs are losing money with reimbursements

ASCs have long faced obstacles to reimbursements, and some leaders are finding increasing obstacles to securing necessary pay for procedures. 

Healthcare exec convicted for $50M Medicare fraud scheme 

The chief compliance officer of a pharmacy holding company was sentenced to four years and six months in prison and must pay $21.7 million in restitution for his role in a healthcare fraud scheme. 

The benefits of partnering with collections agencies, per 1 group

An often-overlooked part of running a practice is how to handle billing and collections. Having a partnership with a collections agency is something practices should consider, according to a Nov. 6 post by Anesthesia Business Consultants on its website.

Pharmacy owners, physician convicted in $145M fraud scheme 

Two pharmacy owners and a physician have been convicted for their role in a healthcare fraud, money laundering and tax evasion scheme. 

Certificate-of-need laws by the numbers

Here are five numbers about certificate-of-need laws that ASC leaders should know:

4 senators introduce legislation to improve Medicare Advantage transparency

U.S. Senators Bill Cassidy, MD, Catherine Cortez Mastro, Elizabeth Warren and Marsha Blackburn have introduced bipartisan legislation to improve the transparency of Medicare Advantage plans. 

Which states are targeting noncompetes?

The Federal Trade Commission proposed a rule in January that would keep employees free from noncompete agreements nationwide.