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Hospitality Business Review | Tuesday, May 30, 2023
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As part of its expansion into ambulatory surgery centers, Savista expands its revenue cycle management services.
FREMONT, CA: "We have the right services and can truly make a huge impact for ASCs across the nation," said Dan Bugarin, Chief Commercial Officer,Savista. "With awards such as Top 10 Healthcare BPO Company from Healthcare Business Review and having recently earned our Peer Review designation through the Healthcare Financial Management Association, the stage is set for Savista to meet the revenue cycle management needs of this unique market."
Savista, a healthcare revenue cycle management service provider, reveals its expansion to the Ambulatory Surgery Center (ASC) market. A major focus of Savista's revenue cycle management services has been providing hospital systems, local and regional hospitals, and physician practices with healthcare revenue cycle management. Savista's expertise and services naturally extend to these organizations with the major shifts in healthcare and the growth of ASCs. ASCs are at the forefront of healthcare, transforming outpatient care for millions of people. As a result of their reputation for quality care and successful outcomes, they offer a convenient alternative to hospital-based outpatient procedures. ASCs are becoming increasingly popular among hospitals as a revenue-generating service line and a way to provide resources for patients with higher acuity.
The revenue cycle in ASCs is also unique because they are usually smaller and more focused on individual procedures, so they often lack resources, staff, and technology. As a result, tracking patient data and managing the revenue cycle can be challenging. Furthermore, ASCs are often part of a larger healthcare system, so they must follow its regulations and policies. It is crucial that Coding, Charge Capture, Billing, and Reimbursement be performed accurately in ASCs due to the complexity of work performed there. Savista has highly trained and tenured personnel to meet this market's unique needs. The Savista coding team boasts 12 years of experience and provides comprehensive CDM, AR, and other services. Savista can partner with standalone ASCs, independent ASC groups, hospital-affiliated locations, and ASC management companies.
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