Smith+Nephew on May 5 partnered with National Medical Billing Services to offer revenue cycle management solutions to ASCs in the U.S.
The partnership is part of Smith+Nephew's Positive Connections program, which advocates for orthopedic procedures moving to outpatient settings.
The RCM program aims to boost cash flow, strengthen compliance and improve financial processes for ASCs.
The companies will also collaborate to reduce revenue cycle timeframe, develop payer-specific invoices to decrease administrative burdens and create solutions for contracting issues to benefit patients, payers and ASCs.