Anesthesia Billing and Practice Management
for Private Practices
For more than 50 years, Fusion Anesthesia Solutions has proudly served the anesthesia community with industry-leading anesthesia billing services. As a trusted anesthesia billing company, we understand that there is no substitute for human expertise, persistence, and dedication. This philosophy is the heart and foundation of our business and the reason behind our long-standing success.
Our full-spectrum business services go beyond anesthesia billing to include comprehensive anesthesia practice management, tax preparation, and more. Partner with Fusion Anesthesia Solutions to streamline your practice operations, maximize revenue, and reclaim your focus on patient care and quality of life.
We Focus on Net Collection Ratio
At the core of our anesthesia billing services is a relentless focus on optimizing net collection percentage. This critical metric serves as the cornerstone of our success in providing exceptional anesthesia billing solutions for private practices, independent anesthesia groups, and hospitals. By prioritizing net collections, we ensure every dollar owed is pursued with precision, helping your practice achieve its full revenue potential.
While collecting the first 80% of billed charges in anesthesia billing is often straightforward, the remaining 20% requires intensive effort and expert follow-up. This hard-to-collect portion can significantly impact the financial health of your practice. As a dedicated anesthesia billing company, we specialize in recovering these crucial dollars, empowering your anesthesia practice to maximize profitability and efficiency.
Let us handle the complexities of anesthesia billing so your private practice can focus on delivering outstanding patient care.
We Offer Concierge Client Services
At Fusion Anesthesia Solutions, we prioritize our clients in everything we do. Our comprehensive anesthesia billing services, tailored for independent medical groups and private practices, are designed to deliver exceptional results and an outstanding client experience. From customized reporting to advanced technology, we ensure that every aspect of our service exceeds expectations.
We take pride in offering personalized reporting and dashboards, typically delivered within just five days of request, ensuring you have the insights needed to optimize your practice. Our highly trained and experienced anesthesia billing team is available 24/7 to address any questions or concerns. With over 50 years of proven experience, we’ve never lost a client due to performance—an achievement that reflects our unwavering commitment to being the top anesthesia billing company for private practices and beyond.
Trust Fusion Anesthesia Solutions to streamline your anesthesia billing processes and enhance the financial success of your practice.
Meticulous Reconciliation Processes For Anesthesia Billing
At Fusion Anesthesia Solutions, we’ve refined our anesthesia billing processes to ensure that every anesthesia case—whether in the OR or non-OR settings—is accurately captured and billed for independent groups and private practices. Our expertise as a leading anesthesia billing company ensures no revenue opportunities are missed, helping practices maximize their collections.
Once payments are received, we then implement a robust combination of automation and manual verification to confirm that every payment aligns with your payer contracts. Our zero-tolerance policy for underpayments drives us to see every claim through to full adjudication. This ensures your practice receives every dollar it’s owed.
Fusion Anesthesia Solutions provides reliable, comprehensive anesthesia billing services that protect your bottom line and optimize your revenue cycle.
Reporting and Analytics With Actionable Data
CogitoAnalytics is a proprietary tool developed by Fusion Anesthesia Solutions. This provides clients with 24/7 access to anesthesia reporting and data including patient and claim level detail. Clients are easily able to view anesthesia revenue by location, inpatient vs outpatient, by payer, by surgeon and much more.
We 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
What Makes our Anesthesia Billing Different:Â
- Anesthesia Billing for independent groups and Practice Management is all we do. We are anesthesia specific and have been for over 50 years!
- We have the highest Net Collection Percentage in the industry. It is our job to collect every dollar your anesthesia practice is due.
- We offer complete transparency via our proprietary analytic platform, CogitoAnalytics.
- We offer a full suite of value-added consulting services. These encompass every aspect of revenue cycle management. Our expertise extends to providing comprehensive anesthesia practice management and tailored consulting solutions.
- We have never lost a client due to performance issues.
Fusion Anesthesia Solutions’ Blog for Private Anesthesia Practices
Why Your Business Partners’ Goals and Values Are as Important as Your Own
During our last company wide meeting, the Fusion Anesthesia Solutions\' leadership team discussed our organization’s goals and that lead into a very insightful company wide Q & A. Some of the questions and observations were surrounding our clients, who from time to time join our team calls; celebrity guests if…
OR Utilization: It’s Time to Get the Conversation Started
OR Utilization has been discussed for years by both hospital c-suite and private anesthesia groups but the two rarely come together to collaborate on improvements. Most hospitals have an overall target utilization number they hope to achieve, typically between 75%-85%, which includes turnaround time. However, most hospitals rarely drill down…
Evaluating Your Current Anesthesia Billing Service
While external audits are an extremely effective way to evaluate how your anesthesia billing service is performing, an audit can be costly and time consuming. While the results may provide the best insight to your vendor’s performance, we’ve put together a list of questions to help anesthesia groups determine if…
2023 Taxes – What Anesthesia Professionals Need to Know
Gain valuable insight on how new laws will impact your personal taxes as a high-earning individual and how those changes impact business taxes.
Cyber Security: What Your Anesthesia Group Needs To Know
Below are a few key takeaways from our conversation and recommendations regarding cyber security for your anesthesia organization:
Anesthesia Billing’s Most Important Metric: Customer Service
While there are changes and updates regularly in anesthesia billing, one thing that remains constant is our unyielding commitment to provide outstanding customer service to our clients. There are many attributes that set Fusion Anesthesia Solutions apart from our competition, however, I would argue that customer service is the most important one.…
Transparent Performance in Anesthesia Billing
Transparent Performance:Â ANESTHESIA BILLING WITH 100% TRANSPARENCY Not partnering with the correct anesthesia billing company will significantly impact the revenue of your anesthesia practice. At Fusion Anesthesia Solutions we believe 100% transparency in anesthesia billing is the first step in building a trusted partnership. We accomplish this through: Our refined…
Revenue Cycle Health, Part 3: The Importance of Your Anesthesia Practice’s Payer Contract Negotiations
The Importance of Your Anesthesia Practice’s Payer Contract Negotiations Part 3 of our Anesthesia Billing Revenue Cycle Health Series In the final part of our series focused on Revenue Cycle Health, we’ll explore the importance of annual payer contract negotiations in your anesthesia practice. It’s no surprise that the No…
Revenue Cycle Health, Part 2: The Importance of Your Anesthesia Practice’s Net Collection Ratio
The Importance of Your Anesthesia Practice’s Net Collection Ratio: Part 2 of our Anesthesia Billing Revenue Cycle Health Series The formula for determining your anesthesia practice’s net collection ratio (NCR) or percentage is quite simple: Dollars that were collected against your payer contracted amount (expected) There should be no variations…
Revenue Cycle Health, Part 1: The Impact of Write-Offs on Your Anesthesia Practice’s Financial Health
The Impact of Write-Offs on Your Anesthesia Practice’s Financial Health and Why You Should be Auditing Them Regularly: Part 1 of our Anesthesia Billing Revenue Cycle Health Series In the anesthesia billing world, there are two types of write-offs: contractual write-offs and other adjustments. Whether you’re outsourcing to a third-party…
