The current developments in the healthcare field are contributing to increased patient volume in Ambulatory Surgical Centers (ASCs). These facilities will therefore have to enhance their overall billing process to improve revenue.

1. How ASCs Can Improve their Revenue from Increased Patient Volume
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2. The current developments in the healthcare field are contributing to increased
patient volume in Ambulatory Surgical Centers (ASCs). These facilities will
therefore have to enhance their overall billing processes to improve revenue
inflow; this can be more easily achieved with the support of reliable medical
billing services. ASCs are considered to be a safe alternative to hospitals and
many individuals choose this option to reduce their expenses. At these
facilities, people can find the same equipment, surgeons and staffs as in a
hospital operating and recovery room without the restrictive and complex
administrative procedures associated with hospitals. Before going on to how
ASCs can handle the huge patient volume and boost their revenue, let’s
consider the reasons why patients will be flocking to these facilities.
Major Reasons for Increased Patient Volume

3. With the implementation of the Affordable Care Act (ACA), more
people took healthcare coverage. It is estimated that around 8 million
individuals signed up for non-group coverage through federal and state
Marketplace during the first Open Enrollment period. As a result, there
is higher demand for healthcare services. The aging baby boomers
contribute to this increase in demand. We can surely say people will
prefer ASCs to expensive hospitals as the former are safe facilities that
support affordable hospitalization.
There is a drift towards high-deductible insurance plans due to the
exponential growth in patients looking for high quality and affordable
care. Patients with high-deductible plans typically tend to find the best
rates for their surgical procedures and ASCs are the best choice as
they provide them with high quality, affordable care.
Declining reimbursement rates resulted in a trend of health systems
partnering with specialty surgery center operators and acquiring
surgery centers. This allows them to receive higher reimbursement.
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4. In order to manage high patient volumes and
improve revenue, ASCs should enhance their
efficiency in staff scheduling, room turnover and
billing processes. Here are some effective tips for that.
Strict Block Scheduling – By tightening block scheduling,
surgeons performing several surgeries in a row can reduce
their travel time between the ASC and the hospital or
physician’s office. Suppose the surgeons are there at your ASC
for extended time periods and there are only a few cases. An
effective block scheduling involves shortening their blocks or
scheduling them for longer blocks every two weeks.
Tips to Improve Revenue
Maintain Shorter Turnover Times – You can perform more
procedures and increase profitability with shorter turnover times.
Reducing the turnover times to seven to ten minutes is better.
Analyze each task performed during the turnover process and
assign specific tasks to every staff member including physicians.
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5. Thoroughly Evaluate Your Billing Systems – Ensure that your
billing system is efficient enough to help your claims get fully
reimbursed by public and private payers. The system should
adhere to the rules and regulations of insurance plans, and
payment guidelines set up by the concerned authority. Ensure
that your medical coding and billing processes are flawless so that
your claims are not delayed or denied. There should be an
effective denial management team as well to handle appeals,
tracking and follow-up of denied claims.
As more patients are likely to visit your ASC, you will require more medical and
office staffs to manage your medical billing process and considerable effort
would be needed to manage them. This will add up your costs and
administrative burden. Outsourcing your billing work to a professional
company is a viable option in this situation. They will take care of assigning
proper diagnostic and procedural medical codes, submitting claims in a timely
manner, and addressing claim denials, if any.
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6. Contact Us
8596 E. 101st Street, Suite H
Tulsa, OK 74133
Main: (800) 670 2809
Fax: (877) 835-5442
E-mail: info@managedoutsource.com
URL: www.outsourcestrategies.com
About Outsource Strategies International
Outsource Strategies International (OSI) is a reputable medical outsourcing
solutions provider based in Tulsa, Oklahoma offering advanced medical billing
and coding solutions for hospitals, physicians, physicians' groups, clinics and
other healthcare entities. Find more details at: www.outsourcestrategies.com.