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Post# A1170726

Understand Payment Rates and Basics of ASC Billing (USA, World)

Posted on: Thursday, 16 May, 2019  14:00
Updated On: Thursday, 16 May, 2019  14:18
Expires On: Saturday, 15 June, 2019  18:00
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In general, the Medicare program pays ASCs 80 percent of the lesser of the actual charge or the ASC facility payment rate for the covered services performed. The beneficiary pays 20 percent of the lesser of the submitted charge or the ASC facility payment rate for the covered services performed. Payment rates for most services are geographically adjusted using the pre-reclassification wage index values that CMS uses to pay non-acute providers. The adjustment for geographic wage variation will be made based on a 50 percent labor-related share. To know more visit us: http://bit.ly/2Q93bW0 » or email us at- info@medicalbillersandcoders.com » or call us at- 888-357-3226 (Eight-Eight-Eight-Three-Five-Seven-Three-Two-Two-Six).



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