Difference Between ASC & Hospital Billing Services

1. Difference Between ASC & Hospital Billing Services https://www.247medicalbillingservices.com | +1 888-502-0537

2. Difference Between ASC & Hospital Billing Services Hospital Billing Services include billing of services offered by hospital-based departments and an Ambulatory Surgery Center (ASC) billing includes that of stand-alone facilities. An ASC can come under Hospital Billing Services if they are within a 35-mile radius from a hospital and share the same financial/administrative contracts. Similarly, a hospital can also maintain an ASC status if it has its own Medicare agreement and is entirely financially and administratively independent. A Better Understanding of an ASC An ASC is an individual facility that focuses on providing surgical procedures for outpatients. Whereas hospitals provide services for outpatient, inpatient, or emergency procedures. This may include pain management, surgical care, etc. which are extensive but won’t require a night stay in the hospital. https://www.247medicalbillingservices.com | +1 888-502-0537

3. Difference Between ASC & Hospital Billing Services Difference in Coding Hospital billing includes charging for work cases by hospitals, specialty nursing offices, other organizations, laboratory services, radiology services, for both inpatient and outpatient procedures. Hospital billing services include both – charging and collections hence the coding is significantly difficult than that used for ASC. ASC billing does not relate to a specific medical specialty, as there are no typical procedures or services. Hence, they do not need those highly specialized guidelines made for medical specialty billing for getting reimbursement for their services. https://www.247medicalbillingservices.com | +1 888-502-0537

4. Difference Between ASC & Hospital Billing Services Conclusion: • Sometimes, hospitals might not charge for patient procedures, but the doctors might. In this case, CMS 1500 claim form is used while billing the individual services to the patient. CMS-1500 is the red-ink on white paper case form used for charging as per the case, by doctors or suppliers. The electronic version of the form is known as the 837-P where P stands for professional configuration. • As you see, both these billing methods need lots of attention. With several outsourced medical billing services being available today, it definitely is a task to find the right one for your business. We, 24/7 Medical Billing Services, are an independent medical billing service provider for all your different billing needs. https://www.247medicalbillingservices.com | +1 888-502-0537

5. Difference Between ASC & Hospital Billing Services About 24/7 Medical Billing Services: 24/7 Medical Billing Services is the nation’s 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: + 1 -888-502-0537 Email - info@247medicalbillingservices.com https://www.247medicalbillingservices.com | +1 888-502-0537