Wiki DRG - ASC - Work Comp

574coding

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Los Osos, California
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Hello,
We bill for an ASC and the provider will do some procedures that are considered to be in-patient codes per the APC book. We have been asked to figure out how much a hospital will bill and be reimbursed for the procedure in order for a LOA to be signed by the adjuster / case manager for payment to the ASC. Does anyone have any experience with this?
Thank you
 
You could look at the CMS fee schedule or the AAPC Coder tool for the specific CPT codes in your locale and work up an amount from that.
 
http://www.cms.gov/apps/physician-fee-schedule/search/search-criteria.aspx

This gives allowables for facility and non-facility services. You will need to do a cost analysis to determine all the fixed costs and the variable costs associated with a specific procedure/service for your facility and work with the allowables to give you an idea to present to the carrier for the LOA to provide specific services at a specific price/reimbursement. Essentially you are bidding for a contract to provide quality medical services at a rate lower than the hospital rates but you also need to make sure you cover all of your overhead costs and not lose money.
 
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