Revenue Cycle Management
For almost 50 years, Fusion Anesthesia Solutions has offered turn-key anesthesia billing and hospital anesthesia revenue cycle services that supports both your finance team and your anesthesia clinicians with value-added services.
100% Case Reconciliation
Fusion Anesthesia Solutions has developed and perfected processes to ensure cases for all anesthetizing locations are captured, including those often missed non-OR procedures such as arterial lines and blocks. We collaborate with your IT staff on a prescribed data feed and manifest to receive anesthesia data electronically. It is estimated that millions of dollars are lost by hospitals each year on uncaptured anesthesia charges.
Anesthesia Specific Billing Platform Ensures Compliance
Fusion Anesthesia Solutions utilizes an anesthesia specific billing platform to address the nuances of anesthesia billing. Our platform is designed to take the guess work out of assigning appropriate modifiers, such as those associated with concurrency and/or qualifying circumstances, along with compliance assurance and a 98% clean claims rate.
Our multi-layered review process ensures that every document received is scrutinized prior to claim submission. In addition, Fusion Anesthesia Solutions has a rigorous internal auditing process, specific to anesthesia, to make certain our staff is meeting quality and compliance standards. Anesthesia has been a target of Recovery Audit Contractors (RAC) audits, many of which have been triggered by inaccurate reporting of start and stop times as well as inappropriate use of modifiers.
Anesthesia Specific Reporting and Analytics
CogitoAnalytics is Fusion Anesthesia Solutions’ proprietary tool, providing hospital finance and anesthesia clinicians with 24/7 access to the data by location including staff modeling ace teams are easily able to view anesthesia revenue by location, inpatient vs outpatient, by payer, by surgeon and much more. CogitoAnalytics allows for user based roles so designated clinicians have the ability to view data on volume by location, provider and more. Our staff analysis module allows both teams to work together to identify locations or times of day that may be over/understaffed as well as OR utilization.
Annual Documentation Review & Provider Education
Our multi-layer review process promotes regular communication with providers to ensure they are aware of and correct any potential clinical documentation issues. While Fusion Anesthesia Solutions addresses potential documentation issues as they arise, these issues are recorded and serve as the foundation for our annual provider documentation training. During our annual review, anesthesia clinicians are educated on any potential documentation changes or issues that create compliance concerns or affect reimbursement. We also serve as a sounding board for providers that have questions at any time regarding documentation.
Interested in Learning More about the Fusion Difference?
Contact Fusion Anesthesia Solutions to learn more about our hospital anesthesia revenue cycle services.
Hospital Anesthesia Revenue Cycle Management Services
The Fusion Anesthesia Revenue Cycle Difference:
- Anesthesia billing and revenue cycle services are all we do.
- We review current fee schedules and assist clients in establishing rates that are consistent with current industry standards.
- 100% Concurrency Analysis to ensure billing compliance
- We provide value-added services such as annual provider documentation education and customized reporting.
- We’ve never lost a client due to performance issues
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With almost 50 years of anesthesia specific expertise, Fusion Anesthesia Solutions provides full spectrum hospital anesthesia revenue cycle management services. We offer a turn-key solution that bridges the gap between hospital administration and anesthesia providers. On the finance side, we ensure every single billable anesthesia service is captured and compliantly coded by certified CANPC coders. We provide reporting customized to your facility along with complete transparency into your billing data via 24/7 access to our data and analytics platform, CogitoAnalytics. Additionally, our reporting gives valuable insight into utilization data that assists with OR staffing. For anesthesia clinicians, we generate immediate feedback regarding documentation or concurrency issues that could delay claims, as well as annual provider education to ensure your anesthesia staff are educated on any industry changes or documentation requirements that could affect reimbursement.
Fusion Anesthesia Solutions Blog – Learn More About Billing for Hospital Anesthesiology Departments
Reimbursement Issues in Anesthesiology – Revenue Cycle Health for Hospitals Part 2
Reimbursement Issues in Anesthesiology: Part 2 of our Revenue Cycle Health for Hospitals Series In Part 2 of our series on Revenue Cycle Health for Hospital Anesthesiology Departments we’ll explore issues with revenue leakage on anesthesia services. As discussed in Part 1 of our Revenue Cycle Health for Hospital Anesthesiology Departments series, most hospitals are now […]
Revenue Cycle Health for Hospitals Part 1: The Benefits of Outsourcing Your Anesthesia Revenue Cycle
The Benefits of Outsourcing Your Hospital’s Anesthesia Revenue Cycle: Part 1 of our Revenue Cycle Health for Hospitals Series Part 1 of our series on Revenue Cycle Health for Hospital Anesthesiology Departments will focus on the complexities involved in anesthesia coding and billing. There are many rules and guidelines that are specific to anesthesia care […]
Revenue Cycle Health, Part 1: The Impact of Write-Offs on Your Anesthesia Practice’s Financial Health
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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 practice, it is important to have accurate information regarding anesthesia services and […]
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 issues may stick out more than others. Without the proper metrics to measure performance levels, it’s quite difficult […]
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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 […]
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 hardship and the pandemic accelerated action. The American Hospital Association estimates that hospital revenue in […]
Why Human Interaction Still Matters – And Improves Your Bottom Line
We believe patient communication is key and while sending statements and letters in the mail is a must, it certainly is not as effective as calling the patient to discuss their balance with them.
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 this, then you have thought about exploring the idea of switching anesthesia […]
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 uncertainty and pressure. On top of that, hospitals are also dealing with the increasing costs of bundled Medicaid payments, increasing costs of […]