A Case Study on Ambulatory Surgical Center - What stopped the ASC's revenue growth

1
A Case Study on Ambulatory Surgical Center - What
stopped the ASC's revenue growth 
https//www.247medicalbillingservices.com
1 888-502-0537
2
A Case Study on Ambulatory Surgical Center -
What stopped the ASC's revenue growth 
One of our Ambulatory Surgery Center clients has
been open for approximately 10 years. The
accounts receivables (A/R) had increased notably
over the 2 years of the period from almost 1.2
million to nearly 2.4 million, an increase of
more than 100. A/R days had increased from 35 to
85 days. There were more than 2,400 accounts
outstanding. This is almost double of accounts
any center could expect with the case volume.
Some of the increase in outstanding accounts was
due to issues with payers that switched to the
modern EAPG i.e. Enhanced Ambulatory Patient
Grouping (EAPG) System. When the first time this
client approached us, we started by identifying
the challenges faced by this center.
https//www.247medicalbillingservices.com
1 888-502-0537
3
A Case Study on Ambulatory Surgical Center -
What stopped the ASC's revenue growth 

• Understanding ASC Billing Challenges
• An insight into the ASC billing challenges helped
  us maintain a smooth workflow, which ultimately
  helps in avoiding the occurrence of issues
  pertaining to receiving complete reimbursement.
• 24/7 Medical Billing Services Involvement
• The study of the business office functions gave
  us insights on
• Lower than the normal fee schedule
• Few managed care contracts
• Currently managed care contracts with poor terms
• Inexperienced revenue cycle team
• Insufficient insurance verification
• Inaccurate coding
• Insufficient financial policies

https//www.247medicalbillingservices.com
1 888-502-0537
4
A Case Study on Ambulatory Surgical Center
- What stopped the ASC's revenue growth

• Conclusion
• ASCs prefer our end-to-end medical billing
  services and RCM solutions to make sure they
  enjoy a steady flow of income, simplify revenue
  cycle, and enhanced workflow. Our billing experts
  bring our clients maximum revenue for rendered
  services, letting them invest in the latest
  equipment, tools, and systems for procedures.
  24/7 Medical Billing Services comprehensive
  billing and coding solutions help ASCs reduce the
  impact of an aging population on the demand for
  surgical procedures.

https//www.247medicalbillingservices.com
1 888-502-0537
5
A Case Study on Ambulatory Surgical Center
- What stopped the ASC's revenue growth
About 24/7 Medical Billing Services 24/7
Medical Billing Services is the nations leading
medical billing service provider catering
services to more than 43 specialties across the
entire 50 states. You can rely on us for
end-to-end revenue cycle management. We guarantee
up to 10-20 increase in the revenue with cost
reduction of your practice for up to
50.  Media Contact Hari Sudan,  24/7 Medical
Billing Services, 16192 Coastal Hwy, Lewes, DE
19958 Tel [phone] Email -
info_at_247medicalbillingservices.com
https//www.247medicalbillingservices.com
1 888-502-0537