Caryl Serbin, RN, BSN, LHRM, President and Founder of Serbin Medical Billing, wrote a column for Becker's ASC Review that provides insight and guidance for ambulatory surgery centers (ASCs) on how to develop their fee schedule.
Guidance covers areas including:
Forming a team and choosing team members
Evaluating patient demographics
Building the procedure list
Performing cost analysis
Maintaining compliance
As Caryl notes, “While developing a fee schedule may seem like a complex procedure, remember that your fee schedule sets the stage for reimbursement, allows for a reasonable profit margin, helps you meet governmental requirements and regulations, and ultimately determines the financial success of your ASC. Take the necessary time to do it right.”
Access the Becker's ASC Review column “Building a strong financial foundation: Developing your ASC's fee schedule” here.
Note: View all Serbin Medical Billing articles here.