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Sourcemed Blog

News and updates from our team, partners and industry leaders.

ASC Case Costing: Where should you start?

It might sound counterintuitive, but for an ambulatory surgery center (ASC), performing more cases doesn’t always mean making more money. If the total cost of a procedure exceeds the amount a payer will reimburse, the facility is the one that...

Opening a New Outpatient Surgical Facility: What to Consider

Opening a new outpatient surgery facility – whether it’s an ambulatory surgery center (ASC) or hospital outpatient department (HOPD) – can be a daunting task, especially when starting from the ground up with new construction, unestablished...

Is your ASC positioned for success in the value-based world?

It's an exciting time to be in healthcare—especially the outpatient space. We're in the midst of a shift to value-based care, transitioning from the historical fee-per-service model to an approach that focuses on a better patient experience at a...

My Non-Traditional CASC Role: Meet Ann Geier

 

There are more than 700 people in the U.S. who have earned the CASC (Certified Administrator Surgery Center) credential, but you might be surprised to find that they're not all administrators. In this blog series, we’ll get a personal look into...

ASCs Have Revolutionized the Surgical Experience

The number of ambulatory surgery centers (ASCs) in the U.S. has grown to rival that of hospitals, with more than 5,400 across the country that perform 23 million surgeries each year. Over the 40+ years since the first freestanding center opened...

Webinar: A 360° View of Value-Based Healthcare

For more than 40 years, healthcare costs in the United States have outpaced other nations. It would stand to reason that outcomes would be better, too. But research reveals that isn’t the case. A 2015 report by the Commonwealth Fund states that...

4 Ways ASCs Control Costs

As healthcare costs continue to rise while reimbursements fall, ambulatory surgery centers (ASCs) have demonstrated an ability to control costs and save money – $38 billion, in fact. A recent study conducted by Healthcare Bluebook™ found that ...

The Paperless Plan: How and Why to Go Digital in Revenue Cycle Management

As participants in the "Digital Age," countless aspects of our day-to-day lives have evolved with the acceleration of technology. But some areas progress faster than others, and in the case of outpatient healthcare, many facilities are behind the...

What Drives Key Revenue Cycle Stakeholders

In the business of healthcare, money is necessary to facilitate the exchange of high-quality goods and services  and administration's goal is to make more of it while minimizing spending. Though your entire team may be mindful of profitability,...

Three Places Revenue Cycle and Patient Experience Intersect

Value-based healthcare is shifting our industry in countless ways. In this new era, we have to focus more tightly on the patient experience, including how it affects the revenue cycle. Like any other business, creating "customer" advocates and...

3 Simple Rules for Revenue Cycle Efficiency

It's no secret that most people want to hold on to their money for as long as possible. This reality can be particularly difficult in healthcare, where multiple payer types – from patients to insurers to the government – make collecting what's...

Are Your Revenue Cycle Management Processes Evolving?

Did you know that the word "value" appears in Title III of the Affordable Care Act 214 times? Clearly, the idea of value-based healthcare is at the forefront of our industry today, and it’s changing the way many things work in the outpatient...

If I Outsource Revenue Cycle Management, Am I Saying That I'm Doing a Bad Job?

Outsourcing.

Some see it as an admission of weakness – confirmation that they are unable to effectively and efficiently run their ambulatory surgery center. Others believe outsourcing is a euphemism for loss of control. And then there are those...

Does Your ASC Billing Stack Up?

How much does it cost each year for the average ambulatory surgical center (ASC) to get paid? Although specifics vary by center, costs are growing. The regulatory environment faced by ASCs is a huge driver of fixed expenses, calling for internal...

ASC Case Costing: Where should you start?

It might sound counterintuitive, but for an ambulatory surgery center (ASC), performing more cases doesn’t always mean making more money. If the total cost of a procedure exceeds the amount a payer will reimburse, the facility is the one that...

Opening a New Outpatient Surgical Facility: What to Consider

Opening a new outpatient surgery facility – whether it’s an ambulatory surgery center (ASC) or hospital outpatient department (HOPD) – can be a daunting task, especially when starting from the ground up with new construction, unestablished...

Is your ASC positioned for success in the value-based world?

It's an exciting time to be in healthcare—especially the outpatient space. We're in the midst of a shift to value-based care, transitioning from the historical fee-per-service model to an approach that focuses on a better patient experience at a...

My Non-Traditional CASC Role: Meet Ann Geier

 

There are more than 700 people in the U.S. who have earned the CASC (Certified Administrator Surgery Center) credential, but you might be surprised to find that they're not all administrators. In this blog series, we’ll get a personal look into...

ASCs Have Revolutionized the Surgical Experience

The number of ambulatory surgery centers (ASCs) in the U.S. has grown to rival that of hospitals, with more than 5,400 across the country that perform 23 million surgeries each year. Over the 40+ years since the first freestanding center opened...

Webinar: A 360° View of Value-Based Healthcare

For more than 40 years, healthcare costs in the United States have outpaced other nations. It would stand to reason that outcomes would be better, too. But research reveals that isn’t the case. A 2015 report by the Commonwealth Fund states that...

4 Ways ASCs Control Costs

As healthcare costs continue to rise while reimbursements fall, ambulatory surgery centers (ASCs) have demonstrated an ability to control costs and save money – $38 billion, in fact. A recent study conducted by Healthcare Bluebook™ found that ...

The Paperless Plan: How and Why to Go Digital in Revenue Cycle Management

As participants in the "Digital Age," countless aspects of our day-to-day lives have evolved with the acceleration of technology. But some areas progress faster than others, and in the case of outpatient healthcare, many facilities are behind the...

What Drives Key Revenue Cycle Stakeholders

In the business of healthcare, money is necessary to facilitate the exchange of high-quality goods and services  and administration's goal is to make more of it while minimizing spending. Though your entire team may be mindful of profitability,...

Three Places Revenue Cycle and Patient Experience Intersect

Value-based healthcare is shifting our industry in countless ways. In this new era, we have to focus more tightly on the patient experience, including how it affects the revenue cycle. Like any other business, creating "customer" advocates and...

3 Simple Rules for Revenue Cycle Efficiency

It's no secret that most people want to hold on to their money for as long as possible. This reality can be particularly difficult in healthcare, where multiple payer types – from patients to insurers to the government – make collecting what's...

Are Your Revenue Cycle Management Processes Evolving?

Did you know that the word "value" appears in Title III of the Affordable Care Act 214 times? Clearly, the idea of value-based healthcare is at the forefront of our industry today, and it’s changing the way many things work in the outpatient...

If I Outsource Revenue Cycle Management, Am I Saying That I'm Doing a Bad Job?

Outsourcing.

Some see it as an admission of weakness – confirmation that they are unable to effectively and efficiently run their ambulatory surgery center. Others believe outsourcing is a euphemism for loss of control. And then there are those...

Does Your ASC Billing Stack Up?

How much does it cost each year for the average ambulatory surgical center (ASC) to get paid? Although specifics vary by center, costs are growing. The regulatory environment faced by ASCs is a huge driver of fixed expenses, calling for internal...

Revenue Cycle Management Checklist

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