ASC Finance, Accounting and Reimbursement Seminar |

ASC Finance, Accounting and Reimbursement Seminar
Presented by:
Coding Compliance Management, LLC
and the
ASC Podcast with John Goehle

Recorded Live on June 11 and 12th 2020

Learn and Earn without the travel! Join ASC industry experts John Goehle MBA, CASC CPA, Cristina Bentin, CMA, CPPM, COC, CCS-P and Ann Geier, RN, CASC for this intensive 2-day Virtual conference with finance, accounting, and revenue cycle aspects explained! The Conference was recorded live on June 11 and 12th 2020

ASC Administrators, Nurse Managers and Business Office Managers face unique challenges in managing the financial aspects of an ASC and understanding the crucial role coding experts play. Our experts discussed various aspects of Finance, Accounting and Reimbursement in the ASC setting. It is ideal for anyone interested in understanding basic finance principles as well as those that know finance but want to learn how it differs in the ASC setting.

Our experts also reviewed the ASC reimbursement model to include an overview of fraud and abuse prevention, coding, documentation, outsourcing, and compliance audits in the ASC setting as well as the impact coding accuracy has on your organization’s financial health.

This program is approved for up to 13.0 hours of AEUs by BASC Provider #2618. This is for CASC Certified Administrators.

When you purchase access to this program, send an email to [email protected] and we will provide you access to all of the slides and and materials referenced in the sessions as well as a certificate of attendance when you provide us the codes throughout the video.

AGENDA – Day One – Recorded Live on June 11, 2020

Time	Session	Speakers
8:00 – 8:15 AM	Introduction	Cristina Bentin and John Goehle
8:15 – 9:15 AM	Session One – Introduction to Accounting Introduce the Accounting Equation Review the Primary Accounting Principles Discuss Accounting in the ASC Setting Review the Accounting Process	John J. Goehle
9:15 – 10:15 AM	Session Two – The Balance Sheet Introduce the Purpose of the Balance Sheet Discuss the Balance Sheet and its Relation to the Accounting Equation Review Assets Review Liabilities Review Equity	John J. Goehle
10:15 – 10:30 AM	Break (15 Minutes)
10:30 – 11:30 AM	Session Three – The Income Statement Introduce the Purpose of the Income Statement Discuss the Income Statements Relationship to the Balance Sheet Discuss Elements of Revenue in an ASC Discuss Components of Expenses in an ASC Review Direct versus Indirect Costs Discuss Contribution Margin	John J. Goehle
11:30 – 12:30 PM	Session Four – Business Office Department Oversight Discuss Revenue Cycle Monitoring of Workflow Processes for Efficiency and Effectiveness Identify Ideal Qualifications for Business Office Staff Review the Internal Controls for various departments of the ASC business office	Cristina Bentin
12:30 -1:00 PM	Lunch
1:00 – 2:00 PM	Session Five – Introduction to ASC Coding: Resources, Payer Disparity Review the Purpose of Coding and how it is different in an ASC setting Discuss resources required for accurate coding & reimbursement Identify common Issues in payer disparity as it pertains to ASC coding	Cristina Bentin
2:00 – 3:00 PM	Session Six – Managing Cash and Inventory Discuss the Concept of Current Assets Review Cash and Cash Equivalents and their accounting treatment Discuss Management of Cash Define Inventory Review Methods for Maintaining Inventory and Appropriate Inventory Levels	John Goehle
3:00 – 3:15 PM	Break (15 Minutes)
3:15 – 4:15 PM	Session Seven – Billing Fraud and Abuse Discuss common laws governing fraud and abuse Identify questionable coding & billing practices Discuss the importance of oversight and resources	Cristina Bentin
4:15 – 4:30 PM	Panel Discussion and Wrap Up	All

Click here to Access the Recording of the Event

AGENDA – Day Two – Recorded Live on June 12, 2020

Time	Session	Speakers
8:00 – 8:15 AM	Introduction	Cristina Bentin and John Goehle
8:15 – 9:15 AM	Session One – Documentation: Operative Reports, Templates, Medical Necessity Review organizational/association directives Discuss issues with EHR, Forms/Templates, Op Notes Understand importance of medical necessity Learn to communicate deficiencies in writing by utilizing physician query	Cristina Bentin
9:15 – 10:15 AM	Session Two – Expense Management Discuss Methods for Controlling Costs Introduce Purchase Orders and discuss their use in an ASC Setting Review importance of matching purchase orders, receiving documents and Invoices Discuss Internal Controls Over Expenses. Discuss the Role of the Governing Body in Internal Controls over Expense Management.	John Goehle
10:15 – 10:30 AM	Break (15 Minutes)
10:30 – 11:30 AM	Session Three – Case Costing Define Case Costing and discuss its relevance in an ASC Setting Discuss the Elements of Case costing including direct and indirect costs Review the possible uses of case costing in an ASC Review an Example of Case Costing	Ann Geier
11:30 – 12:30 PM	Session Four – Considerations for Outsourcing Coding Understand internal versus external resources and expertise Review the advantages and disadvantages of outsourcing coding Learn important questions to ask if outsourcing is your decision.	Cristina Bentin
12:30 -1:00 PM	Lunch Break
1:00 – 2:00 PM	Session Five – Bringing New Procedures into the ASC Discuss new procedure or product evaluation Review factors to consider: Costs, Profitability, Contracts Determine new procedure/product – specialty selection Discuss the necessity for clinical and business staff education	Cristina Bentin and John Goehle
2:00 – 3:00 PM	Session Six – Coding Compliance Audits Introduce the importance of a compliance plan as a tool to understanding the financial health of your ASC Review key parameters of a coding audit Discuss the importance of the rebuttal process and ongoing education	Cristina Bentin
3:00 – 4:00 PM	Session Seven – Financial Management Define Financial Management in the ASC Setting Discuss who “Manages” the finances of an ASC Review Tools for Financial Management Discuss appropriate reporting of financial management analyses Review Internal and External Benchmarks and its relevance in an ASC	John Goehle
4:00 – 4:15 PM	Panel Discussion and Wrap Up	All

Click here to Access the Recording of the Event