Anesthesia Billing and Practice Management
for Private Practices
Fusion Anesthesia Solutions has been serving the anesthesia community for close to 50 years. We believe there is no substitute for human expertise, persistence and dedication and we have made this philosophy the heart of our business. We provide full-spectrum business services, from billing to complete practice management including tax preparation. We handle your business so you can focus on your patients and quality of life.
Focused on Net Collection Percentage
Net collection percentage is our primary focus and the foundation that we’ve built our business around. By using the net collection percentage as our key metric, it becomes the primary driver of our ability to deliver revenue to clients ensuring we are collecting every penny they are due. It’s easy to collect the initial 80% of billed charges but the remaining 20%, those are the labor intensive, hard to collect dollars that require rigorous follow-up. That 20% can have a huge impact on your practice’s bottom line.
Concierge Client Service
At Fusion, everything we do is with the client in mind. Our processes, reporting and technology were designed to ensure every customer has an outstanding experience with us. We pride ourselves on the ability to deliver customized reporting and dashboards, typically within 5 days from concept to delivery. Our highly trained and long-tenured staff are available round the clock to answer questions. We have never lost a client for performance reasons in our almost 50-year history.
Meticulous Reconciliation Processes
Throughout our history, Fusion Anesthesia Solutions has developed and perfected processes to ensure every single anesthesia case performed is captured and billed, including those often missed non-OR cases. Once payment is received, we use both automation and manual processes to verify every payment received is paid according to your payer contract. We have a zero tolerance policy for any payment that does not meet the expected. We see the process through until full payment is received and the claim is fully adjudicated.
Reporting and Analytics With Actionable Data
We also provide comprehensive anesthesia practice management and consulting services, including:Â
Test
Test
Financial Services
- Payroll Processing
- Accounting and Financial Management
- Financial Reporting
- Provider Compensation Plans
- Profit and Loss/Financial Statements
- Account Reconciliations
- Accounts Payable
- Benefit Plan Administration
- Financial and strategic Planning
- W-2/W-3/1099 Preparation and Filing for both Federal and State
Business Consulting
- Start-Up Planning; buy in / out agreements; group governance ; practice valuation
- Scheduling and Efficiency Analysis
- Facility Credentialing Support
- Stipend Analysis and Negotiation
- Hospital Contract Negotiation
Tax Services
- Corporate Income Tax Preparation and Filing
- Personal Income Tax Preparation and Filing
- Planning and Guidance
- Quarterly/Annual Payroll Tax Reporting
- Sales/Use Tax Reporting
- Shareholder / Buy-in and buy-out Agreement Support Stockholder/partner agreement assistance
- Audit preparation
Technology
- Business Analytics
- Applications
Experience the Fusion Difference
 What makes us different:
- Anesthesia Billing and Practice Management is all we do
- Highest Net Collection Percentage in the industry, it is our job to collect  every dollar your practice is due.
- Complete transparency via our proprietary analytic platform, CogitoAnalytics,
- Value-added services, including a full spectrum of practice management and consulting services.
- We’ve never lost a client due to performance issues
Fusion Anesthesia Solutions’ Blog for Private Practices
How to Evaluate Your Current Anesthesia Billing Service
We frequently talk to anesthesia providers and hospital anesthesiology departments that have an inkling something with their current anesthesia billing service is amiss. While they aren’t sure how to effectively evaluate their current anesthesia billing service, some issues may stick out more than others. Without the proper metrics to measure performance levels, it’s quite difficult […]
Anesthesiologist Salaries: You Asked, We Answered! See Our Top 3 Tips to Achieve Maximum Compensation
Anesthesiologist Salaries: You Asked, We Answered! See Our Top 3 Tips to Achieve Maximum Compensation One question we hear routinely from clients and in the field is: how does my salary compare to others? On average, Anesthesiologists earn ($261,730), Â almost five-times the average annual salary for all occupations ($53,490) according to Forbes. Anesthesiologist salaries vary […]
What To Do When You Feel Stuck in Your Anesthesia Billing Situation
At Fusion Anesthesia Solutions, we frequently talk to anesthesia providers who are dissatisfied with their current billing situation but reluctant to make a switch. They feel as if they are contractually obligated to continue in a bad anesthesia billing situation. When we encounter these conversations, the complaints typically fall into one of […]
Why Customer Service is the Most Important Metric in Anesthesia Billing
Summary Article Name Why Customer Service is the Most Important Metric in Anesthesia Billing Description in the past 47 years, one element has remained a constant in anesthesia billing: Customer Service is the most important metric in billing. When customer service is top notch, it becomes a win-win for the anesthesia providers and the billing […]
Perioperative Surgical Home – What it looks like for Anesthesiologists in 2021.
Perioperative Surgical Home – What it looks like for Anesthesiologists in 2021. What is the Perioperative Surgical Home? The American Society of Anesthesiologists explains the Perioperative Surgical Home model where the patient’s experience of care is coordinated by a physician-led, interdisciplinary team. The expected metrics includes improved operational efficiencies, decreased resource utilization, a reduction in […]
CMS Anesthesia Guidelines for 2021
What are the CMS Anesthesia Guidelines for 2021? Chapter II of the National Correct Coding Initiative Policy Manual for Medicare Services goes over the CMS Anesthesia Guidelines for 2021. We’ve provided the CMS Anesthesia Guidelines for 2021 below –Â From the CMS.gov website – Remember, Anesthesia Billing is complicated. Contact Fusion Anesthesia with any anesthesia billing […]
3 Frequently Asked Questions – Cheat Sheet for Anesthesia Billing
Question: Does it matter if I use an anesthesia specific billing company or a general medical billing company? Answer: Yes. Here is the difference: General medical billing companies are built to generally maximize revenue across all departments. In general, this works. However, anesthesiology has specific specialties and unique billing procedures. The generalized billing services are […]
When is the Right Time to Switch Anesthesia Billing Companies?
Ensuring that you are partnered with the right anesthesia billing company is imperative for the future of your anesthesia practice. If you are not with the right company, you need to switch anesthesia billing companies. If you are here reading this, then you have thought about exploring the idea of switching anesthesia […]
The Future of Anesthesia – What to Expect in Anesthesiology in 2021
The Future of Anesthesia – What to expect in Anesthesiology This year has been full of unknowns. With the COVID-19 pandemic, national shutdowns, changes in taxes, potential stimulus packages, elections, and a constantly changing healthcare system, the year 2020 has brought on a large amount of uncertainty in many areas of life. For those in […]