10 ways to increase the revenue of your surgery center practice in 2013

Post on 22-Nov-2014

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How are surgery centers navigating this tough landscape?

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10 Ways To Increase The Revenue Of Your Surgery Center

Practice in 2013…

Presented by,Angomark, MedicalBillingStar.

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A quick report for surgery Centers.

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1.Do you get paid the correct reimbursements for your surgery codes ?

2.Are you including anesthesia time codes ?

3.Are you overbilling inadvertently ?

Ten tips for surgery centers to pump in more greens !

• Boost your surgeons on-board to have a economic stake in your surgery center to avoid losing out on case load.

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• Create a enhanced atmosphere to work by upgrading to healthier systems and work processes to charm and retain a strong physician base.

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• Collect copays and deductibles at the front-desk and have multiple payment options.

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• Relate your staff members’ cost per case with your contenders, and how reimbursement varies across different specialties. Evaluate and set benchmarks.

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• Follow a rigorous claims follow up process and fight denied claims as soon as they reach your table, to increase the revenue and valuation of your center.

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• Physician credentials plays an important role. Surgeons should dictate clearly, name the practice. And ensure details and events are sequenced in the effective note.

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• Don’t put off renegotiating with your insurer. If you put off renegotiating year after year there are little chances of your insurer ever giving you a reimbursement hike!

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• Collect and verify patient information during the pre-registration stage to avoid fall outs.

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• Call your patients prior to their appointment and inform them about their financial liabilities .

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• Have a rapid sheet that includes relevant queries, such as, how many surgeries were performed, the number of co-surgeons etc for physicians to fill out after a surgery.

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