Outpatient Surgery Magazine - Subscribers

Queasy Feeling - April 2017 - Outpatient Surgery Magazine

Outpatient Surgery Magazine, providing current information on Surgical Services, Surgical Facility Administration, Outpatient Surgery News and Trends, OR Excellence and more.

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lines and payer contract coverage is critical in knowing when you'll be reimbursed for these services. Implants and supplies. Implants, high-cost supplies and medica- tions used during a case are valuable sources of revenue for your facility. They can be a determining factor in the overall profitability of your cases and, really, the financial success of your center. For implants and high-cost supplies, have a policy that establishes thresholds for what's considered billable. An example: All implants, regardless of cost, are captured on each case and communicated to billing, while high-cost disposable supplies (drill bits, ablators, suture passers and blades, for example) must meet an individual cost of $200 each unit to be captured for billing; anything less than $200 per unit would be absorbed in the case cost and standard fees for the case. Determining what makes sense for your facility will depend on your payer mix, payer contracts and specific payer guidelines. As an exam- ple, Tricare will reimburse a surgery center for dispensed medications with a cost above $40. Tracking these medications and ensuring that they're billed would be key to a Tricare-heavy center. Canceled cases. Whether they're canceled before or after you administer anesthesia, canceled cases are often billable and, in the majority of cases, reimbursed by government payers and covered under payer contract terms. If a case is canceled before you adminis- 3 2 A P R I L 2 0 1 7 • O U T PA T I E N TS U R G E R Y. N E T • 3 7 identifies the items and services being used for that procedure — all the supplies and implants needed for an orthopedic case, for example — and review every item with the billing team to make sure you're capturing every dollar per your agreement with the payer. — Rebecca Geise

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