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...
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...
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...
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...
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...
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...