The Fusion Anesthesia Billing Difference
Fusion Anesthesia Solutions has been serving the anesthesia community for close to 50 years. We believe that there is no substitute for human expertise, persistence and dedication and we have made this philosophy the heart of our business. We provide full-spectrum business services, from billing to complete practice management including tax preparation, so anesthesia providers can focus on clinical care and quality of life.
What Makes Our Anesthesia Billing and Practice Management Different
Anesthesia Billing is Our Only Specialty
Billing for anesthesia services is quite complex. Our staff is trained to manage those complexities and ensure every anesthesia billing claim is coded to the maximum level of specificity and billed compliantly.
Comprehensive Suite of Services
In addition to anesthesia billing, we provide a full suite of practice management services for your anesthesia practice. We offer everything from accounts payable to tax services and everything in between.
Transparency Through Technology
We are so confident in our people and processes that we give our clients 24/7 access to patient and claim level detail through our proprietary anesthesia billing reporting platform, CogitoAnalytics.
The Fusion Anesthesia Billing Process:
Wherever possible, Fusion Anesthesia utilizes technology and fixed procedures to speed up processing and minimize errors. At the same time, there’s no substitute for human expertise and judgment.
Code It Right
The correct coding of an anesthesia claim is one of the most important elements in appropriately maximizing revenue. Our staff has almost years of experience in dealing with the complexity of coding anesthesia claims.
At Fusion Anesthesia, we check claims multiple times through automated systems, humans in-house, and statistical sampling of all claims for auditing.
Submit It Fast
Our standard turnaround time is three business days from the receipt of the billing information to the submission of the claim. Timely submissions keep the cash flow smooth and, if needed, allow for us to discuss any questions with the doctor while the case is still fresh in their minds.
Claim It Right
Our systems track both electronic and paper claim submissions. We make sure that every claim item submitted is tracked through our clearinghouses, payers, lockbox, and banking partners. We continuously monitor the claims process outside our walls so that we can follow up as appropriate, as soon as it’s appropriate.
Accuracy, diligence, and a high degree of automation in the claims preparation and submission processes yield a higher than average number of claims paid and collected correctly the first time.
However, it will surprise no one that many cases require more follow up than just cashing the check. It’s for these complex situations that Fusion Anesthesia’s specialty expertise and experience come into play.
We intimately understand any given payers’ process, benefits, payment contracts, and fee schedules. Our experienced staff understands exactly how and when to get involved to collect the maximum contracted amount for every service.
As part of our exhaustive follow-up process, we maintain a proprietary contracted rates database with up-to-date information for every payer, every procedure, and every provider in our universe. This customized reconciliation software goes through line item by line item to ensure that all payments match the correct contracted rate. If it doesn’t, we return it to the payer for correct payment. This seemingly simple process is a major factor in increasing our clients’ bottom line.
Our in-house receivables staff is well trained in even the most complex payment issues from self-pay and payment plans to workers’ comp and liability claims. This high level of receivables expertise ensures the fastest and most accurate handling of remittance.
We take compliance very seriously. Claim audits for appropriate procedural and diagnosis coding are performed on a continuous basis by certified professional coding staff. Our internal controls have been established around the entire revenue cycle and are enforced to maintain compliance with Federal, State, and private payer agreements.
In almost 50 years of providing billing and accounting services to anesthesiologists, we have seen many aspects of the business change. Technologies have evolved, ICD and tax codes have gotten more complex and obscure, and regulations on the practice of medicine have become more unwieldy. However, the basics of the business have remained unchanged. We provide the accounting services, back-office billing, collections, and administrative functions that allow independent anesthesiologist practices and hospitals to thrive.
Our business involves a lot of hard, detail-oriented, and not especially glamorous work. We take great pride in getting it right. Wherever possible, we utilize technology and fixed procedures to speed up processing and minimize errors. However, we believe that there’s no substitute for human expertise, persistence, and dedication. We put these qualities at the heart of our business.
Our customers trust us with the financial viability of their businesses. We work diligently to be sure that we never let them down.
Hospital Anesthesiology Billing & Revenue Cycle Services
Private Practice Anesthesia Billing & Revenue Cycle Services
Interested in Learning More about the Fusion Anesthesia?
Contact Fusion Anesthesia Solutions to learn more about our anesthesia billing services for private anesthesia practices.
Fusion Anesthesia Solutions Blog – Learn More About Anesthesia Billing
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 those conversations have uncovered a focus on certain metrics or presentation of data, it is clear the one thing that is […]
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 issues may stick out more than others. Without the proper metrics to measure performance levels, it’s quite difficult […]
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 information in a different format than you’re already receiving. What story are […]
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 affected by the No Surprise Act Final Rule? How do […]
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 in-house anesthesia billing operation truly give your practice more control over your revenue? You may think so, but […]
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 delivering the GFE to the patient, however, the anesthesia provider would […]
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 struggling to remain independent. The volume and cash flow fluctuations brought on by the pandemic, made that struggle […]
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 we are happy with the service we’re getting. Is […]
We’ve distilled what anesthesia providers need to know to 20 pages. This eBook is updated with the 2021 tax updates. As a high-earning individual, many of the changes in this latest tax reform directly impact you.
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 hardship and the pandemic accelerated action. The American Hospital Association estimates that hospital revenue in […]