Is there a difference between general medical billing services and anesthesia specific billing services?
Yes, here’s the difference:
General medical billing companies are built to generally maximize revenue across all departments. In general, this works. However, anesthesiology has specific specialties and unique billing procedures. The generalized billing services are not optimizing billing and collections for anesthesiology, which means they are not collecting as much as they should or could be collecting. This equals a loss of revenue. In addition, generalized medical billing services risk regulatory compliance problems and allegations of fraud when coders try to handle the complex work of anesthesia billing without the specialized software or anesthesia coding skills.
Anesthesia specific billing companies give anesthesia billing their 100% focus. They are deeply experienced with every nuance, specialization and specifics of anesthesiology billing. They are expert in every anesthesiology billing situation and the relevant payor quirks. At Fusion Anesthesia, we know how to maximize your revenue by ensuring that we get every detail right. What does this mean for the anesthesiologist? Maximum collections and maximum revenue. We maintain and constantly update our databases to ensure that we format each claim so that it matches exactly how and what each payer requires – including their informal requirements. This customized claim filing by payer significantly speeds up processing.
At Fusion Anesthesia, we assist with compliance concerns and ensure that our doctors are in good standing with government and commercial payors by maintaining all documentation – that way our doctors don’t accidentally over code, and that they comply with national correct coding initiatives.
These kinds of value-added service are very hard to do across multiple specialties.
Did you know…After analyzing hundreds of thousands of claims, Fusion Anesthesia can prove that most anesthesia practices are collecting up to 15% less revenue than they could be.
General Anesthesia Billing Questions