Recent Posts by The Amblitel Team

Revenue Cycle Goals Guaranteed to Improve Your ASC's Bottom Line

Setting and working toward specific revenue cycle goals can dramatically improve the overall performance and efficiency of your ambulatory surgery center. Even when positive progress is being made, creating specific goals can help boost your bottom line, setting up your ASC for successful revenue cycle management.

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How Mentor Surgery Center Found Success with Amblitel’s Financial Management for ASCs

Meet Mentor Surgery Center, a state-of-the-art, multispecialty ASC based in Mentor, Ohio. Mentor Surgery Center has been providing quality care across a wide variety of specialties since 1998, including ear, nose, and throat; general surgery; orthopedics; ophthalmology; pain management; plastic surgery; podiatry; urology, and more.

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4 Things to Look for in a Healthcare Revenue Cycle Management Partner

With operating costs on the rise, finding the right partner to manage your facility’s revenue cycle is essential. However, it’s hard to find a partner who knows what they’re doing and can be entrusted with the financial security of your business.

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Healthcare Revenue Cycle Management: What You're Doing Wrong and How to Fix It

Poor revenue cycle management (RCM) is a significant challenge in healthcare today for a number of different reasons. Studies estimate that up to 25-30 percent of medical practice income is lost due to improper billing practices—and that’s only one part of the problem. Along with creating financial challenges, poor healthcare RCM can also diminish the patient experience due to disorganization and a lack of communication.

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How ASC Revenue Recognition Works and Important Considerations to Make

Becoming and remaining profitable—and increasing your profitability over time—is a challenging feat for any business. For surgical centers competing with regional hospitals and large health systems, maximizing profitability can be even more daunting. 

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6 Steps to Tighten Up ASC Inventory Management

Inventory management is a critical component for achieving success and elevating performance in the ASC industry. After personnel, most ambulatory surgery centers spend more on supply costs than anything else. Controlling supply costs and inventory management processes is essential in order for ASCs to maximize performance.

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How to Perform a Medical Billing Audit to Improve Revenue Recognition

Conducting a thorough medical billing audit has multiple benefits: It can help your ambulatory surgery center (ASC) reduce errors, improve revenue recognition, and increase overall profitability.

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7 Mistakes in Medical Billing and How They Impact RCM

Effective revenue cycle management (RCM) in medical billing is beyond essential for maintaining the financial health of ASCs. However, a mismanaged revenue cycle rife with process gaps can negatively impact an ASC’s bottom line and keep facilities from optimizing financial performance.

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7 Critical Ambulatory Surgery Center Financial Benchmarks Your Accountant Should Know

Leading ASCs measure internal and external financial benchmarks to track performance over time and compare with other surgery centers. External benchmarking, or comparing financial performance with industry annual averages, is highly effective in helping identify areas where ASCs excel as well as opportunities to improve.

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3 Common Gaps in the Healthcare Revenue Cycle Process

Today’s healthcare leaders are tasked with identifying and closing revenue cycle process gaps to optimize workflows and improve profitability. There’s certainly money to be made in the ambulatory surgery business. Currently, total ASC market revenue exceeds $36 billion per year and is projected to reach $93 billion by 2024.

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