ASGE Advanced Endoscopic Lesion Resection Course | November 2022-The Economics of Endoscopic Resection: Making the Finances Work

The Economics of Endoscopic Resection: Making the Finances Work

Video Transcription

Video Summary

In this video, the speaker discusses the economics of endoscopic resection and how to make the finances work. They emphasize the importance of understanding billing codes and payment systems, such as CPT codes, APC groups, DRGs, and ambulatory surgical center billing. The speaker also discusses the need for proper documentation and utilization of modifiers, such as the 22 modifier for substantial additional work. They highlight the differences in reimbursement rates for different procedures, including EMR and ESD, and the need to justify and advocate for proper reimbursement for more complex procedures like ESD. The speaker also stresses the importance of considering the local market and payer mix when deciding to invest in new techniques or devices. They recommend working closely with the administration, referral base, and team members to support the growth and success of a practice.

Asset Subtitle

Adam W. Templeton, MD, FASGE

Keywords

endoscopic resection

billing codes

payment systems

documentation

reimbursement rates

local market