Anesthesia Billing IQ Test

Anesthesia Billing IQ Test

As an exercise to test your Anesthesia Billing IQ – Let’s walk with Anesthesiologist Bob as he decides which company to use for his billing. Anesthesiologist Bob expects $1,000 for a case he performed. Billing Company A charges 3%. Billing Company B charges 5%. Which…

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CMS Anesthesia Guidelines for 2021

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 – From the CMS.gov…

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What Medical Billing is Best for Your Anesthesia Practice?

What Medical Billing is Best for Your Anesthesia Practice?

There are a few different types of medical billing companies. Before you find the right anesthesia billing company, you need to determine what type of medical billing company you want to use. Here are the pros and cons of each. Download the complete guide on selecting…

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Anesthesia CME 2020: Complete Your CME Requirements

Anesthesia CME 2020: Complete Your CME Requirements

There are so many ways to complete your CME credits, it can be hard to find the right course for you. Below are a few anesthesia CME 2020 courses that we think will provide you with the latest knowledge you need for the practice of anesthesia. If you’re looking for…

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Anesthesia Seminars 2020: Simulations and Seminars

Anesthesia Seminars 2020: Simulations and Seminars

The new year is upon us – now is a great time to determine which seminars and simulation courses you will be attending to complete your CME requirements. If you’re looking for other ways to complete your CME requirements: Check out our anesthesia 2020 conferences list…

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Insourcing vs Outsourcing Anesthesia Billing

Insourcing vs Outsourcing Anesthesia Billing

Medical billing, coding, and collections are all essential components to keeping your anesthesia practice running smoothly. Your revenue and cash flow are entirely dependent upon these billing processes. So it’s obviously critical to ensure that these processes are as…

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Anesthesia Conferences 2020: Plan for the New Year

Anesthesia Conferences 2020: Plan for the New Year

As we gear up for the new year, you should begin planning out which conferences and meetings you want to attend. Here’s a list of the main anesthesia conferences happening this year. Check out the other types of events you can attend to complete your CME in…

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Why You Should Hold onto Your Independent Anesthesia Practice

Why You Should Hold onto Your Independent Anesthesia Practice

In a consolidating healthcare environment, it can be easy to be drawn into the idea of a practice buy out. Large groups promise ongoing profit sharing and a guaranteed income – but it’s not that simple. When you choose to give up your independent anesthesia practice,…

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Anesthesia Solutions: Anesthesia Practice Management Solutions

Anesthesia Solutions: Anesthesia Practice Management Solutions

With aggressive acquisitions since 2012, the chance of holding onto your independent anesthesia practice becomes more challenging each day. Besides the nagging potential of acquisition, the complexity of coding, billing, and other administrative needs is one of the…

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Anesthesia Medicare Programs: QPP 2020 Updates

Anesthesia Medicare Programs: QPP 2020 Updates

The Centers for Medicare & Medicaid Services (CMS) are at it again! They have revised their payment policies under the Physician Fee Schedule (PFS) and included proposed changes on how the government will pay anesthesiologists participating in the Quality Payment…

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Steps to Securing Anesthesia Independence

Steps to Securing Anesthesia Independence

The current anesthesia healthcare environment is changing at a rapid pace. In a world of constant consolidation, it can be difficult to hold onto your independence – but it is possible. Here are some steps you can take to secure your anesthesia independence. Want all…

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Understanding the Anesthesia Healthcare Environment

Understanding the Anesthesia Healthcare Environment

The media is inundated with articles on the consolidation of healthcare. According to these posts, all physicians, including anesthesiologists, are under pressure to sell their practices and join larger groups. While this is a trend we are seeing – it doesn’t have to…

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Payor Mix: Why it Matters for Your Anesthesia Practice

Payor Mix: Why it Matters for Your Anesthesia Practice

Reimbursements for anesthesia services from insurance companies, Medicare, and private sources are on the decline. This means anesthesiologists across the country have to work smarter to ensure their receivables will cover the costs needed to keep their practices…

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Billing Anesthesia: It’s Harder Than It Seems

Billing Anesthesia: It’s Harder Than It Seems

Billing anesthesia services involves a lot more than just correctly coding and submitting clean claims and collecting payments. Billing anesthesia requires specialty-specific expertise and detail-oriented coding specialists, coupled with a relentless reconciliation…

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Hospital Anesthesia Billing: Hospital Billing Process

Hospital Anesthesia Billing: Hospital Billing Process

Anesthesia departments need specialized hospital anesthesia billing services. Hospitals that use a single service for all of their billing, whether contracted or in-house rely on systems and expertise that has been optimized generally across departments and…

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Hospital Anesthesia Billing: You Need Specialized Services

Hospital Anesthesia Billing: You Need Specialized Services

Hospital anesthesia departments require specialized hospital anesthesia billing services. Hospitals that utilize a single service for all of their billing are missing out on 5-15% of their potential revenue. Why? Because hospital systems and billers are typically…

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Independent Anesthesia Group Practice

Independent Anesthesia Group Practice

Doctors across the country are struggling to maintain their independence. According to RevCycle Intelligence, 31.4% of doctors identified themselves as owners or partners of independent practices in 2018.  This is the lowest number since the survey was started in…

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CRNA Billing: How to Maximize Revenue

CRNA Billing: How to Maximize Revenue

Billing for CRNA services is complex. Besides the additional complications that arise with the anesthesia specialty, there’s also a dirty secret in the medical billing industry. It’s the reason that most CRNAs and anesthesiologists are losing 5-15% of their earned…

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CRNA Billing: Submitting a Clean Claim and Reconciliation

CRNA Billing: Submitting a Clean Claim and Reconciliation

CRNA billing is not simple. It’s a tedious process that requires the right people, the right systems, and the right expertise to do it right. At the core of the process is a correctly coded claim and without it, there’s no way you can maximize revenue. Here’s how it…

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Anesthesia Quality Reporting: The Financial Reality

Anesthesia Quality Reporting: The Financial Reality

Want more information on anesthesia quality reporting? Download the compelte eBook There has been a lot of debate as to whether practices should implement anesthesia quality reporting. One of the primary financial drivers of this type of reporting is Medicare. You may…

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Anesthesia Payor Contracts: What Hospitals Need to Know

Anesthesia Payor Contracts: What Hospitals Need to Know

As a hospital, it is important to understand certain elements of anesthesia payor contracts. The cost for hospitals to provide quality medical care continues to rise while many sources of revenue are decreasing. It’s critical to ensure that all appropriate…

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Anesthesia Quality Reporting: Understanding MIPS vs APM

Anesthesia Quality Reporting: Understanding MIPS vs APM

Anesthesia quality reporting has been a hot topic over the last few years. While there was a period of time when experts and publications were convinced that every anesthesiologist group would need to adopt it – that view has since changed. Many experts and…

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Anesthesia Quality Reporting: Considering Hospital Relations

Anesthesia Quality Reporting: Considering Hospital Relations

Whether or not anesthesia practices should implement quality reporting has been a hot topic for several years. One factor that many practices often overlook is how anesthesia quality reporting plays into hospital relations. Want to know more about whether or not you…

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Anesthesia Quality Reporting: Everything You Need to Know

Anesthesia Quality Reporting: Everything You Need to Know

Anesthesia quality reporting was a hot topic when it was first introduced. Many experts predicted that every anesthesiologist group would need to quickly adopt quality reporting for clinical and financial reasons. However, the implementation methods by various…

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Anesthesiologist Taxes: End-of-Year Tax Bill Updates

Anesthesiologist Taxes: End-of-Year Tax Bill Updates

by Courtney Diderrich This is a follow-up post regarding some of the 2018 tax bill changes. For a more comprehensive overview of all the changes made, check out our other posts on personal taxes and business taxes. With the end of the year fast approaching, there are…

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Anesthesia Conferences 2019

Anesthesia Conferences 2019

(Updated Sept 2018) Are you planning on attending any Anesthesia Conferences 2019? As 2018 comes to a close, you should start thinking about which conferences you want to work into your schedule for next year. Here’s our round-up of the top anesthesia conferences in…

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Anesthesia Billing: Medical Billing Analysis Process

Anesthesia Billing: Medical Billing Analysis Process

Anesthesia billing is hard. Yes, we have said it over and over but it’s true. Without the right tools, people, and expertise in billing and collections you could be losing money (anywhere between 5 and 15 percent of your potential revenue). How do you know if you’re…

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Need a Laugh? Anesthesiologist and Anesthesia Jokes

Need a Laugh? Anesthesiologist and Anesthesia Jokes

Stuck in the OR waiting for surgery and need a good laugh? Exhausted from a long day and trying to get your colleague to crack a smile? Check out our anesthesiologist joke generator for some of our favorite anesthesia and anesthesiologist jokes. [boxzilla_link…

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Physicians Accounting is Now Fusion Anesthesia Solutions

Physicians Accounting is Now Fusion Anesthesia Solutions

Physicians Accounting is becoming Fusion Anesthesia Solutions. Don’t worry, you will still have the same great service and the same great team. We are just working under a new name to reflect our expanded offerings. Here’s a little more background on why we decided to…

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The Best Anesthesia Billing Services Increase Hospital Revenue

The Best Anesthesia Billing Services Increase Hospital Revenue

Hospitals and healthcare organizations are under constant pressure to optimize operations while remaining within strict budget guidelines. Every department must find ways to cut costs or, even better, increase revenue. By using the best anesthesia billing services, it…

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The Best Anesthesia Billing Services Increase Take Home

The Best Anesthesia Billing Services Increase Take Home

Anesthesia billing is more than just coding and submitting claims, collecting whatever money comes in, and calling it a day. It takes detail-oriented coding specialists, anesthesia-specific expertise, precise reconciliation processes, and extensive follow up. It’s…

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How Anesthesiologists Lose Money by Saving Money

How Anesthesiologists Lose Money by Saving Money

We’ve been providing billing services for anesthesiologists for over 40 years. Our clients are smart folks. So it always astounds us when we see anesthesiologists making basic business errors when it comes to selecting a billing company. Here’s the flawed…

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Increasing Hospital Anesthesia Revenue

Increasing Hospital Anesthesia Revenue

Hospitals and health systems are facing more competition and belt-tightening than ever before. The financial impact of bundled payments, the increasing costs of staff and supplies, and rising drug prices mean that hospitals need to maximize their revenue wherever it’s…

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Anesthesia Billing is Not a Commodity

Anesthesia Billing is Not a Commodity

We have said it before, and we will say it again…and again and again: anesthesia billing is complicated. It is not a generic commodity service. Hospitals and anesthesia groups that treat it that way will get burned through a loss of revenue or, worse, running afoul of…

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Anesthesia Billing: Revenue Cycle Management Services

Anesthesia Billing: Revenue Cycle Management Services

Revenue cycle management is a central component of all healthcare billing, but is particularly important for anesthesia billing, as most practitioners don’t have much of a back-office staff (if any). Anesthesiologists that want to ensure they’re getting paid 100% of…

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Anesthesia Billing: Not as Easy as It Should Be

Anesthesia Billing: Not as Easy as It Should Be

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…

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Anesthesia Billing Services: We Advocate for You

Anesthesia Billing Services: We Advocate for You

As a working physician, you already know that the billing and collection process in the America is fundamentally broken. Most anesthesiologists collect less than they are entitled to receive for their services. This isn’t due to coding disputes or rejected claims….

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Accountants for Anesthesiology: Specialized Accounting Services

Accountants for Anesthesiology: Specialized Accounting Services

As an anesthesiologist, you’ve earned the right to be called a specialist. Nobody can do your job but you: not a cardiologist, not a general practitioner, not a plumber. Shouldn’t your accountants be just as specialized you are? Fusion Anesthesia provides accounting…

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Anesthesiologist Salaries: Receive Your Full Compensation

Anesthesiologist Salaries: Receive Your Full Compensation

According to recent findings, while most physician salaries have been relatively stagnant for the past decade, anesthesiologist salaries in the United States have been continuing to increase. However, many anesthesiologists are not feeling the full benefits of this…

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Anesthesiology Accounting | Accountants for Anesthesiology

Anesthesiology Accounting | Accountants for Anesthesiology

Anesthesiology accounting: one of the many anesthesia practice services offered by Fusion Anesthesia. For over 40 years, Fusion Anesthesia has been providing accounting, tax advice, bill paying, and payroll services to anesthesiologists. You’re a specialist. Shouldn’t…

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Accounts Receivable Medical Billing: The Myth of 30 Days

Accounts Receivable Medical Billing: The Myth of 30 Days

What is Days in Accounts Receivable? Days in Accounts Receivable = the average time from performing services to receiving payments. It’s also known as Accounts Receivable Days and Days Sales Outstanding (DSO). Generally speaking, lower is better. But not if it means…

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Changing Anesthesia Billing Services

Changing Anesthesia Billing Services

Handing over your entire revenue stream to a third-party is a big deal. Whether you’re changing from another medical billing company or transitioning from a full or part-time employee, you might have concerns that cash flow could be disrupted or that crucial…

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Our Secret Nerd Sauce for Anesthesia Billing

Our Secret Nerd Sauce for Anesthesia Billing

If you talk to most billing companies they’ll tell you that they collect the maximum amount possible for their clients. But if you talk to our clients, they’ll consistently tell you that we collect 5-15% more revenue than their previous billing companies. We have a…

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Anesthesiology Billing: Why We Never Lose a Client

Anesthesiology Billing: Why We Never Lose a Client

At Fusion Anesthesiology, we’re experts at anesthesiology billing. From coding clean claims, collecting every dime our anesthesiologists are owed by payers, and safely minimizing our client’s tax bills, we do it all. But the sad truth is we’re not very good…

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Anesthesia Practice Management

Anesthesia Practice Management

The principals of Fusion Anesthesia have been providing practice management and billing service for anesthesiologists for over 40 years. Unlike other anesthesia practice management companies, Fusion Anesthesia offers a range of services that provide complete answers…

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Anesthesiologist Billing: How to Maximize Revenue

Anesthesiologist Billing: How to Maximize Revenue

Anesthesiologist billing and revenue management for anesthesiology should be easy. 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…

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Top 5 Signs You Need To Change Anesthesiology Billing Providers

Top 5 Signs You Need To Change Anesthesiology Billing Providers

Evaluating the performance of their current billing company is quite hard for most anesthesiologists. At Fusion Anesthesiology, we’ve been serving anesthesiologists for over 40 years. Many of our clients tell us they didn’t realize what they were missing until after…

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