Ambulatory Surgical Centers (ASCs) play a vital role in providing same day surgical care; however, the changing landscape of the US healthcare industry has cropped up various challenges for this industry. These centers are not only struggling with fluctuating reimbursement rates but physicians’ shift towards hospital employment and pressure to provide cost-effective care has also increased their woes. The number of ASC facilities in the US has remained static for the last few years as many such centers are closing down or merging with hospitals due to revenue issues.
ASC Key Statistics
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According to RemitDATA, denials are causing financial pressure on ASCs with New York being the top state with highest denial rates (37%) for such surgery centers. Georgia comes second (27%) and Kentucky is on the third spot (22%)
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According to HealthCare Appraisers 2013 ASC Valuation Survey, during 2012-2013, around 54% ASC management companies witnessed an increase in acquisition activities
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According to a Provista Report of ASC Survey Findings, reimbursement is the biggest challenge faced by ambulatory surgical centers
A crucial job like medical billing and coding requires expertise to handle it efficiently. Our medical billers and coders stationed in Wyoming can help you to achieve the efficiency your clinic requires. Though these billing specialists have catered to hospitals, physician groups and other healthcare offices, their core lies in catering small to medium clinics. They are located in a number of cities including Cheyenne, Casper, Laramie, Gillette and Rock Springs.
Our medical billers in Wyoming not only help you accomplish billing tasks but also analyze the revenue flow of your clinic. They suggest means of cutting costs, increasing profits, as well as de-stress the medical billing process. With years of medical billing experience, our billers specialize in:
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Electronic claims submission
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HIPAA compliance
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Account receivables management
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Physician credentialing
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Monthly generation of reports
Specialized Medical Billing Services in Wyoming
Our specialized medical billing services in Wyoming support healthcare providers across Cheyenne, Casper, Laramie, Gillette, and Rock Springs. With particular focus on small to medium practices, we deliver comprehensive solutions including electronic claims submission, HIPAA compliance management, and strategic revenue analysis.
Understanding Wyoming's broad healthcare reform initiatives focusing on quality improvement and technology integration, our team helps practices optimize their billing processes while reducing administrative burden. Through detailed financial analysis and cost-reduction strategies, we enable providers to participate effectively in state healthcare initiatives.
Wyoming Medical Billing Specialists Drive Practice Growth
Our Wyoming medical billing specialists combine revenue optimization expertise with efficient practice management solutions. Through systematic physician credentialing, proactive accounts receivable management, and detailed monthly reporting, we help practices improve collections by 20%.
Our certified team enables healthcare providers to focus on patient care while maintaining strong financial performance. By leveraging proven billing strategies and industry certifications, we help Wyoming medical practices achieve sustainable growth while supporting state and federal cost-reduction initiatives.
It has become important for ACSs to meet the competition from hospitals that are equipped with the latest tools and systems for quality care provision. They are under pressure to meet patient and physician demands, while struggling with financial and administrative challenges on a day-to-day basis.
Our expert team of coders and billers have been assisting ASCs across all 50 states in the US survive challenges brought in by healthcare reforms. With our 15+ years of experience in the medical billing domain, we have helped such centers combat top five challenges:
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Getting maximum payment from insurance companies
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EMR Implementation
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Compliance with Healthcare Reforms
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Accounts Receivable Recovery
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Denial Management
Our billing professionals not only specialize in ASC coding and billing but also incorporate the knowledge throughout the process for offering end-to-end solutions. They are adept at handling the following services for ambulatory surgical centers:
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Tracking deductibles, co-payments and fee schedules
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Error-free coding and code audit checks
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Generation of patient statements
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Reducing denials through effective denial management solutions
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Offering custom reports to helps ASCs identify reasons
With our proven ASC medical billing services, many surgical centers across the country have overcome denials and underpayments. From error-free claims submission and rigorous follow-ups to denial management, appeals and compliance to HIPAA and other reforms, our billing professionals offer comprehensive solutions. Our coders are updated with the latest changes in ASC coding and make use of the latest software to deliver quality solutions.
Why is MBC the Best Choice for ASC Billing?
We take pride in our team of billing experts who are well-versed in revenue challenges concerning ASCs. Our expertise in ASC billing helps us deliver top quality services in the industry. We have ASC -specialized coders with certification from the AAPC (American Association of Professional Coders) who ensure error-free application of codes for maximum revenue. Our company has well-trained AR callers who work vigorously to procure maximum payments from insurance companies. Our 24/7 best-in-class customer services helps us ensure high standards of client satisfaction.
Helping ASCs Save More and Spend Less
ASCs avail our end-to-end billing and RCM solutions to ensure a steady flow of income, streamline revenue cycle and enhanced workflow. Our team of billing experts brings them maximum revenue for rendered services, enabling them to invest in latest equipment, tools and systems for procedures such as endoscopy. MBC’s comprehensive billing and coding solutions help such centers reduce the impact of ageing population on the demand for surgical procedures.
We understand the importance of ASCs in mitigating the impact of aging population on shortage of surgery workforce. By maximizing revenue and minimizing claim Denials, we help ASCs retain their autonomy and keep working they way they must.
