How Will Anesthesia Providers be Affected by the CMS Proposed Rule for Calendar Year 2023?
Last week we posted an update regarding the release of the CMS Proposed Rule for Calendar Year 2023. If history has taught us anything, it means any proposed cuts to reimbursement are more likely a warning to brace for impact. The American Society of Anesthesiologists…
The Importance of Anesthesia Branding on Your Hospital Website
I recently published a blog regarding The Importance of Branding for Anesthesia Providers and when it comes to anesthesia, there are many aspects of branding that apply to hospitals as well. Whether your anesthesia providers are employed by the hospital or in private…
The Importance of Branding for Anesthesia Providers
I (Jeanette Mini, Vice President of Business Development at Fusion Anesthesia Solutions) recently read an article published in the ASA Monitor that really got me thinking. In its simplest form, a brand is defined as an intangible marketing or business concept that…
Anesthesia Billing Transparency Through Technology and Reporting
Throughout Fusion Anesthesia Solutions’ almost 50-year history, we’ve had hundreds of conversations with anesthesia providers and hospital revenue cycle leaders regarding anesthesia billing transparency through reporting capabilities and access to data. While each of…
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…
What Does Billing Transparency Really Mean to Your Anesthesia Group or Department?
Virtually every anesthesia billing company now offers some type of portal to their clients, often claiming that the portal will provide transparency and unlimited access to your data. The reality is most of these dashboards use pictures and dials to present the same…
Did You Miss the Advance 2022 Anesthesiology Business Event? Here’s What We Learned!
First and foremost, it was amazing to see everyone in person again at the Advance 2022 Anesthesiology Business Event! The Exhibit Hall was buzzing with attendees, and it was clear what was top of mind to group practice leaders: How will my anesthesia practice be…
Think You Have More Control Because You Have an In-House Anesthesia Billing Operation?
Does In-House Anesthesia Billing Give You More Control? By: Jeanette Mini In our experience, many anesthesia practices we’ve encountered with in-house anesthesia billing operations were born because of poor performance from an outsourced billing company. Does an…
Update: How will Your Anesthesia Practice be Affected by the No Surprise Act Final Rule?
In follow up to our October 11, 2021 Blog, How Will Your Anesthesia Practice be Affected by the No Surprise Act Final Rule, we wanted to share an update regarding Good Faith Estimates (GFE). For uninsured (or self-pay patients), the surgeon would be responsible for…
Practice Independence: How to Remain Independent During Market Uncertainty
An excerpt from our free ebook, Practice Independence: How to Remain Independent During Market Uncertainty. Download the free ebook below! The Current Environment of Anesthesia Practices: Prior to the Covid-19 pandemic, anesthesia practices across the country were…
A Final Thought for 2021
I don’t know about you but when the year comes to a close I go through the painstaking process of reviewing my household services contracts and thinking about my financial goals for the coming year. This exercise isn’t only about price shopping, it’s about making sure…
2021 Tax Updates – What Anesthesiologists Need to Know
Introduction to our “2021 Tax Updates – What Anesthesiologists Need to Know” eBook: Congress passed a massive tax reform bill in December 2017. Ever since the bill was passed, Fusion Anesthesia been getting calls and emails from anxious clients wondering how the bill…
How Hospitals Benefit From Outsourcing Anesthesia Revenue Cycle Management
By: Jeanette Mini, Vice President of Business Development The financial turmoil continues for hospitals and health systems as they struggle to find stability amid the ongoing Covid-19 pandemic. In 2020, 47 hospitals closed or filed bankruptcy; some were already facing…
The Final Rule is Out and We’ve Laid Out How Anesthesia Will be Impacted
Another gut punch to the continued declining reimbursement for anesthesia. The Final Rule was released for the Calendar Year (CY) 2022, and the Medicare National Anesthesia Conversion Factor dropped 2.9%, from $21.56 to $20.93. Outlined below are changes brought about…
Top Three Takeaways for Private Practice Anesthesiologists from Anesthesiology 2021
It was wonderful to attend an in-person conference again at the American Society of Anesthesiologist 2021 Conference! The Anesthesiology 2021 Exhibit Hall was buzzing with attendees and conversations surrounding lecture content. We caught up with several…
How Will Your Anesthesia Practice be Affected by the No Surprise Act Final Rule?
The No Surprise Act Final Rule took effect September 30, 2021. According to CMS.gov: “On September 30, 2021, the Department of Health and Human Services (HHS), the Department of Labor, and the Department of the Treasury (collectively, the Departments), along…
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), almost…
Why Human Interaction Still Matters – And Improves Your Bottom Line
Insurance has paid their portion leaving a balance due to the patient, now what? For most anesthesia billing companies that means initiating two to three statements to the patient followed by a final letter to close out the billing cycle and then turning the account…
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…
Why Customer Service is the Most Important Metric in Anesthesia Billing
Since our founding in 1974, we have seen many changes throughout the anesthesia billing world. The evolution of technology, mergers and acquisitions of hospitals and groups, tax modifications, billing practice changes, and more. However, in the past 47 years, one…
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…
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…
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…
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…
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…
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…
General Medical Billing vs Anesthesiology Billing in the Hospital
Hospitals nationwide are experiencing changes throughout their entire infrastructure and procedures. With new safety protocols, practice management changes, regulation rules, new billing methods and ever-changing tax laws, hospitals are experiencing a lot of…
Anesthesiologists: 5 Steps to Remain Independent in a World of Constant Consolidation
In the current healthcare environment, it seems every-other news article announces a new consolidation or group buyout. When peers and other groups are succumbing to buyouts or agreeing to consolidation, it can feel like an uphill battle to hold onto your…
How to Pick the Right Anesthesia Billing Solution for Your Practice
Whether you are an independent anesthesiologist group or in charge of hospital revenue, picking the right billing company is critical to maximizing revenue. While there are many anesthesia billing companies out there, not all are created equal. We have separated this…
Prepare for Contract Negotiations: Anesthesia Independent Contractor Agreement
To lock down a favorable anesthesia independent contractor agreement, you need to come to the table prepared. Here’s what you should do beforehand: Want all the details on how to prepare for your contract negotiations? Get the Guide 1. Look into Your Existing…
How to Pick the Best Anesthesia Billing Solutions for Your Practice
Finding the right anesthesia billing solutions for your practice requires a lot of consideration and research. It’s important you take the time to vet every biller you’re considering to make sure they are providing the services you need to run a successful practice….
Ambulatory Surgery Center Definition | What are Ambulatory Surgery Centers?
As healthcare continues to change, anesthesiologists and CRNAs are forced to modify their roles as more procedures are completed in outpatient ambulatory surgery centers instead of traditional hospital environments. While the location of these procedures may change –…
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…
What’s the Right Anesthesia Billing Consulting Services for You?
To run a successful anesthesia practice, you need the right anesthesia billing consulting support – and not just any billing company will do. Anesthesia billing is much more complicated than most medical billing and requires specialized expertise and tools. The right…
Physician Contract Negotiation: Partnering for Anesthesia Contracts
Does the idea of physician contract negotiations make you want to grit your teeth? Are tedious contract negotiations not why you went to medical school? Find a partner who can do the hard work and represent you in your negotiations. A good billing company should be…
Anesthesia Contract Template Exploring Specific Contract Element
Anesthesia providers must negotiate contracts with both payors and facilities. Regardless of who you are negotiating with, preparation is essentially the same. You want to come to the table prepared with metrics that give you a competitive edge. However, there are a…
Anesthesia Contract Terminology | Physician Employment Contract
There is a lot of legal jargon included in physician employment contracts that is also included in anesthesia contracts. To ensure effective negotiations, it’s important to have a basic understanding of some key terms and elements you should look for within your…
Current Topics in Anesthesia: How COVID-19 is Impacting Anesthesia
COVID-19 is impacting every facet of healthcare across the globe. From resource shifts to hourly protocol changes, this is a turbulent time. While you remain active in facilities, we are here to provide you with the planning and financial data you need to keep your…
Anesthesia Fee Schedule: The Importance of Contract Negotiations
Anesthesia fee schedules are standardized for Medicare, but can be negotiated for private payors and other facilities. This can have the biggest impact on your take-home salary, and it all starts with your anesthesia contract. Want all the details on how to negotiate…
Anesthesia Contracts: How to Improve Anesthesia Contract Negotiations
The health care environment is constantly changing – and the payment landscape is no exception. Most doctors can follow general updates and recommendations, but the specialty of anesthesiology includes an additional layer of complexity. To reap the benefits of…
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…
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…
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…
Anesthesia Compliance: How 2020 MPFS will Impact Anesthesiologists
In early summer, the Centers for Medicare and Medicaid Services (CMS) offered anesthesiologists a glimpse at the reforms happening to the Medicare Physician Fee Schedule (MPFS) and the Quality Payment Program (QPP) for the Calendar Year 2020 (CY 2020). CMS has…
Anesthesiologist Billing Services: What to Look for in an Anesthesia Biller
What is the first thing that comes into your mind when you hear anesthesia billing services? Complicated coding? Clean claim submissions? Collecting complete payments? All of these are fundamental components of anesthesiologist billing services – however, they are…
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…
Why the Right Medical Billing Provider Helps to Secure Your Anesthesia Independence
We have previously written about the specific steps you can take to secure anesthesia independence, however, securing a partner is by far the most important. The right medical billing provider will be able to support your practice to ensure you remain independent….
Securing Anesthesia Independence with Improved Anesthesia Practice Operations
Improving your anesthesia practice operations is the best way to secure your independence as an anesthesiologist. Before trying to improve operations, you should secure a partner who can provide insight into what other successful groups are doing and provide support…
Finding the Best Anesthesia Billing Company: Not All Billing Partners Are Equal
FACT: Anesthesiologist salaries in America have exploded over the past decade, yet, many doctors don’t enjoy their full compensation because their billing providers aren’t collecting all the money that’s owed to them. If you feel that your take-home pay has not…
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,…
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…
Medical Strategic Planning: Creating an Anesthesia Practice Strategic Plan
Every type of practice should complete medical strategic planning. Creating this plan helps you determine the future of your practice and allows everyone involved to understand the goals of the group. When it comes to creating an anesthesia practice strategic plan –…
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…
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…
What to Look for When Choosing Anesthesia Management Services
Many anesthesiologists today strive to hold onto their independence. They want to make their own decisions on important financial issues, and they prefer to leave the daily demands of running a lucrative practice to qualified practice management partners. This…
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…
The Future of Anesthesiology: What Anesthesia Providers Can Expect?
Where do you see yourself five years from now? We often hear this question during interviews, but it seems cliché to ask an independent anesthesia provider who most likely plans on continuing to run their practice or retire. However, as the healthcare market continues…
Anesthesia Billing: Fixed-Price Billing Model for Regional Hospitals
As financial uncertainty for regional hospitals increases, fixed-price options are increasingly important. Anesthesia billing is different from other types of medical billing. Additional conversion factors, time factors, modifiers, and more make it extremely…
Anesthesia Revenue Cycle Management: Improve Anesthesia RCM Processes
Finance and health are two complex fields on their own. And we know you’re busy. Your main focus should be on your practice and patients. However, having a basic understanding and knowing the tricks-of-the-trade when it comes to anesthesia revenue cycle management…
Independent Anesthesia Practice: How to Hold onto Your Independence
It’s no secret that physicians across the country are struggling to remain independent. More than ever before, doctors are leaving their independent practices to join larger groups and hospitals – and anesthesiologists are no exception. However, it doesn’t have to be…
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…
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…
Surprise Anesthesia Medical Billing: Understanding the New Surprise Billing Legislation
Surprise billing has been a long-time issue and continues to persist at insurance becomes increasingly complicated. Post-treatment patients are often shocked to learn that a doctor that they worked within their normal office or hospital setting isn’t covered by…
Anesthesia Documentation: Maximize Revenue with Proper Documentation
To maximize practice revenue and payment from payors, your billing company must submit clean claims. For general billing, this is a fairly simple practice but when it comes to anesthesia billing the complications increase tenfold. Here are some reminders about common…
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…
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…
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…
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…
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…
CRNA Billing: Here’s What You Need to Know About Billing for CRNA Services
Billing for CRNA services should be easy. In a perfect world, procedures would be completed and submitted to billing with little headache. CRNA billing should like something like this: Services are performed Notes are compiled (by hand or through an EHR) and sent to…
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…
Perioperative Surgical Home: What is the Perioperative Surgical Home Model?
The healthcare industry is constantly looking for ways to improve population health and provider better patient care while cutting costs. With US healthcare costs on the rise, this seems like a nearly impossible task. However, a new type of care model is providing a…
Insource or Outsource Anesthesia Billing: Anesthesia Billing Part 2
This is part two of a multi-part series on setting up an anesthesia practice and deciding if you should insource or outsource your anesthesia billing. In this post, we will help you understand the pros and cons of insourcing or outsourcing anesthesia billing so you…
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…
Understanding Key Anesthesia Metrics | The Impact of Payor Mix
When managing an anesthesiology practice focusing on what matters most increases your chances of financial success. Through our work with practices of all sizes across multiple geographies, we’ve identified the anesthesia metrics with the greatest impact on…
Understanding Key Anesthesia Metrics | Anesthesia Staff and Operating Room Efficiency
When seeking to improve the performance of your anesthesiology practice knowing what to focus on is crucial. Through our decades of work with practices of all sizes, we’ve identified key factors that have the greatest impact your financial health. By focusing on these…
Understanding Key Anesthesia Metrics | Anesthesia Concurrency: How CRNAs Factor In
When seeking to improve the performance of your anesthesiology practice you’ll find no shortage of recommendations from industry sources on a wide range of topics. While it’s good to stay informed about trends and best practices, it is even more important to…
Understanding Key Anesthesia Metrics | Negotiating Anesthesia Contracts: Private Rates
When aiming to improve the performance of your anesthesiology practice you’ll find no shortage of recommendations from industry sources on a wide range of topics. While it’s important to stay informed about trends and best practices, what matters most is knowing where…
Understanding Anesthesia Metrics | Improving Anesthesia Group Profitability
There are lot of ideas that you could focus on when trying to improve the financial health of your practice. Practice management fads come and go. Which ones should you pay attention to? After decades in the business, we can confidently tell you that these are the…
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…
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…
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…
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…
Anesthesia Seminars 2019: Anesthesia Seminars, Simulations, and Certification Programs
(Updated Oct 2018) As 2018 comes to a close, you should start thinking about which conferences and seminars you want to work into your schedule for next year. Here’s our round-up of the top anesthesia events in 2019* (To see our complete list of recommended…
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…
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…
Anesthesia Billing Consultants | Anesthesia Billing Consulting Services
We have noticed that too many anesthesia billing consultants and companies focus on the trees instead of the forest when it comes to anesthesia billing. Their focus is often entirely on the mechanics of the anesthesia billing process. While the nuts and bolts…
Anesthesia Billing Companies | How to Pick the Right Anesthesia Billing Company
Whether you are an independent anesthesiologist group or in charge of hospital revenue, picking the right billing company is critical to maximizing revenue. While there are many anesthesia billing companies out there, not all are created equal. Jump to:Anesthesia…
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…
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…
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…
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…
Anesthesia Revenue Management: What would extra revenue mean for your practice?
What could your practice do with an extra $10k, $50k, or $100k? Increase your take-home pay? Give your employees raises? Increase staff with CRNAs or employed anesthesiologists? Increasing revenue to achieve these goals might be as simple as changing your anesthesia…
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…
How the New Tax Bill Will Impact Anesthesiologists’ Personal Taxes
This article is about how the new tax bill changes personal taxes. If you want to know the types of changes that have been made to anesthesiologist business taxes click here. On December 20, 2017, Congress passed a new tax bill that has been touted “the most sweeping…
How the New Tax Bill Impacts Anesthesiologists’ Business Taxes
This article is about how the new tax bill will impact anesthiologist business taxes. We also have an article on how the new tax bill will impact your personal taxes as an anesthesiologist. Back in December, Congress approved the biggest tax overhaul in 31 years….
Anesthesia Billing | Anesthesia Modifiers: Gotta Catch ‘Em All
When it comes to medical billing, surgeons have it easy. After the surgery is performed, they use a single CPT code that covers everything from the procedure itself to all pre-op and post-op visits with the patient. It’s as simple as can be: a single code covers…
Optimizing Anesthesiologist Schedules: The Essential Data You Need to Know
As an independent anesthesiology group competing with national chains, it’s critical that you’re collecting the maximum revenue you’re entitled to. The main benefit of working with Fusion Anesthesia is that we can help you increase your take-home by an additional…
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…
Anesthesia Practice | Part 1: Setting Up Your Anesthesia Practice
This is part one of a multi-part series on setting up an anesthesia practice. In this post, we’ll be discussing the basics of setting up an anesthesia practice. In part two we review everything you need to consider when deciding between in-house vs. outsourced…
Upcoming Webinar: How the New Tax Bill Will Impact Anesthesiologists
Note: This webinar has already taken place. You can watch the recording here, or see the latest updates on our blog. The new tax bill has everyone on edge. The 600-page document significantly changes the US tax program and impacts everyone. While having an…
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…
Negotiating with Hospitals: How Anesthesiologists Can Get the Best Deal
It’s no secret that life is becoming more challenging for independent anesthesia groups. Large anesthesia chains, like Somnia, MEDNAX, Sheridan, and NAPA, are becoming the provider of choice for many hospitals. At the same time, hospitals are becoming more demanding,…
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…
Accounting for Anesthesiologists | End of Year Accounting: Here’s What You Need to Prepare
The end of the year is quickly approaching. In order for your accountant to best serve you, there are a few end of year to-do items that need to be completed and submitted. Keep in mind that the holidays tend to be hectic for everyone, so submitting these items as…
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…
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….
Anesthesia Practice Management: Anesthesiologists Are “Lone Wolves” No More
As the healthcare industry shifts toward value-based reimbursements, it’s no secret that hospitals are finding the transition difficult. As an anesthesiologist, you’ve probably seen your hospital struggling to balance improving efficiency and outcomes while lowering…
Anesthesia Billing Consultants: Getting You More of the Money You Earned
As an anesthesiologist, your main concern is the comfort and safety of your patients. You shouldn’t have to deal with the complexities of medical billing, which is why you rely on your anesthesia billing consultants to handle the nitty-gritty of billing and ensure…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…