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CODING & BILLING
coders, billers and physicians' documentation, to decrease variance
and increase reliability.
o You'll want all op reports coded within 24 hours to 48 hours of the
procedure. Timely billing demands that all claims be filed no later
than 3 business days after the procedure.
o Involve the business office team in your monthly goals. A common benchmark for accounts receivable is fewer than 50 days.
Prominently display daily collections, days in accounts receivable
and monthly case volume expectations. There's nothing like friendly
competition to encourage staffers to achieve collection goals. OSM
Ms. Bentin (cristina@ccmpro.com) is president of Coding Compliance
Management.
The case was completed in less than 75 minutes —
Why wait 90 days to get paid?
Receive your facility fee — now with the CareCredit healthcare credit card
To maintain a financially healthy center, you have to receive
u Reduce Accounts Receivable and collection costs
payment in a timely manner. That's why more and more ASCs
u Increase cash flow with payment in 2 business days
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Call 800-300-3046 ext. 4519 today.
J U N E 2013 | O U T PAT I E N T S U R G E R Y M A G A Z I N E O N L I N E
www.carecredit.com
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