Anesthesia billing and revenue management should be easy. In a perfect world, it would look something like this:
- Anesthesiology services are performed.
- The anesthesiologist writes up their notes by hand or in an EHR and hands it off to their billing company.
- A coding technician looks up the appropriate billing codes and ships off a clean claim to the payer.
- Payer and patients pay their bills according to their agreements.
- Everything reconciles at the end of the month.
Before many of our clients came to us, they assumed it actually WAS this easy. And if you’re reading this thinking, “hey, wait, it’s not that easy?” then we have some news for you.
The reality is that anesthesiology billing and collections require complex systems and sheer dedication to ensure that this seemingly easy process results in maximum revenue for the anesthesiologist. The bottom line is, when it comes to anesthesia billing, you need a company that’s going to fight for you.
Not all anesthesia billing consultants are created equal. Some anesthesia billing consultants work much harder than others at retrieving your money. In fact, both the impersonal behemoths of the industry and the smaller “discount” companies routinely collect just the easy money and leave as much as 5-15% of your revenue on the table.
No matter how hard you work, your income at the end of the day is significantly impacted by the performance of your anesthesia billing consultant.
We Make Anesthesia Billing as Easy as Possible
Just Hand Your Bills to Us, and We’ll Take It from There
As a working anesthesiologist, you’re busy enough as it is. You don’t have time to learn the complex reimbursement procedures of the various payers.
That’s why our clients just hand their handwritten or transcribed records to us or directly via their EHR system … whatever is easiest.
From there, our fully trained and certified coding specialists can translate anesthesiology records into the alphanumeric gibberish and various claim forms that payer bean counters require. When it comes to anesthesia billing, our employees file clean claims every time.
The claims are checked a total of 5 times, twice by humans, once by our own automation, and twice again by our clearing house vendor.
This attention to details is critical considering that, according to the University of Minnesota, 30-40% of all medical bills were found to contain errors! Groups that review bills on patients’ behalf, including Medical Billing Advocates of America and CoPatient, put the error rate much higher ― closer to 80 percent to 90 percent.
With Fusion Anesthesia, you can rest assured you bills will be error-free, resulting in faster payments and happier patients.
We Help You Comply with Regulations and Meet Payer Requirements
Fusion Anesthesia assists with compliance concerns and ensures that you’re always in good stead with Medicare and other payers by maintaining all documentation, making sure that you don’t accidentally over-code, and that you comply with national correct coding initiatives.
Fusion Anesthesiology maintains and constantly updates our databases to ensure that we provide each payer a claim that matches exactly how and what they require, including both their formal and informal requirements. This customized claim filing by payer ensures more rapid processing. Billing turnaround time is 24 hours from reception of notes to submission of a clean claim.
We stay on top of billing and industry changes relevant to anesthesiologists so you don’t have to.
Fusion Anesthesia provides billing services to over 400 anesthesiologists nationwide, helping them retrieve an extra 5-15% compared to what they were previously collecting.
In addition, we offer comprehensive practice management services including:
- Billing and revenue cycle management
- Accounting, tax preparation, and payroll
- Practice management
- Bookkeeping and bill paying
- Business consulting
- Compliance services
Do you want to know if your current billing provider is maximizing your take-home compensation? Contact us for a no-obligation audit. We’ll look at the past six months billing and show you if you’ve been missing out on potential payments.