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...