Medical Billing Blogs

  There are various revenue cycle management tasks that must be done, and each is critical to a center’s financial health. Even minor errors with one or more of an ASC’s revenue cycle processes can have serious short- and long-term consequences. Such consequences can range from payment delays and denials to lost payments and compliance challenges. Discover how 24/7 medical billing services improved financial performance by revolutionizing ASC billing. The story of the Ohio-based ASC was on a similar track with the suffering of thousands of dollars while operating an ambulatory surgical center (ASC) and billing. Keeping in mind the urge to deal with the consequences, the client approached and  outsourced  ASC billing services  of 24/7 Medical Billing Services. Financial ASC Roadblocks Transformed by 24/7 Medical Billing Services: Higher Accounts Receivable (AR) days The average number of days this Ohio-based ASC took to collect payments for services delivered was 40 –...