Question

Create a table to outline the difference in the reimbursement

and cost-sharing for both facilities(Outpatient hospital facility
and the ASC (ambulatory surgical center) and document the CPT
(Current P

Answer 1

Outpatient hospital facilities have higher reimbursement rates but may require patients to pay a larger portion of the costs, while ASCs have lower cost-sharing requirements for patients but may receive lower reimbursement rates from insurance companies.

Step-by-step explanation:

When it comes to reimbursement and cost-sharing, there are differences between outpatient hospital facilities and ambulatory surgical centers (ASCs). One major difference is that outpatient hospital facilities tend to have higher reimbursement rates compared to ASCs. This means that the insurance company will typically cover a higher percentage of the costs for procedures done in outpatient hospital facilities.

On the other hand, ASCs generally have lower cost-sharing requirements for patients compared to outpatient hospital facilities. This means that patients may be responsible for a lower percentage of the costs when they receive care in an ASC compared to an outpatient hospital facility.

To summarize, outpatient hospital facilities have higher reimbursement rates but may require patients to pay a larger portion of the costs, while ASCs have lower cost-sharing requirements for patients but may receive lower reimbursement rates from insurance companies.