Anesthesiology Medical Billing Services
ANESTHESIOLOGY BILLING SERVICES
Potential Anesthesiology Billing Services capable of revamping poor administration workflow and maximizing reimbursement.
Why Should You Outsource Anesthesiology Billing Services?
Is your current Anesthesiology Billing Service not fulfilling your expectations? Do the billing reports and filings lack accuracy? Well, anesthesiologists and medical facilities generally deal with this problem. Medical specialty billing for anesthesia, in particular, poses distinct issues due to the intricacies involved, which include time unit calculators, concurrency, and medical direction.
NEO MD has been pioneering in providing unmatched Anesthesia Billing Services for over 15 years. With over a decade of expertise providing Anesthesia Medical Billing Services to many healthcare organizations, we have established a deep understanding of the billing process, making us our clients’ preferred Anesthesiology Billing Services provider. If you outsource your Anesthesia Billing to NEO MD Medical Billing, you can put all your energy into running a successful practice and caring for your patients.
Steps involve in Anesthesia Billing Process
Anesthesia Billing can be complex since it involves the documentation of a high number of records, such as:
Pre-operative Review:
The pre-operative review consists of the patient’s and their family’s medical history and drug or tobacco habits that must be considered while calculating the required dosage of anesthetics.Anesthesia Sheet:
A document used during anesthesia to record important patient information and details about the anesthetic procedureBase Units:
The base units describe the level of complexity and competence necessary for the anesthetic service provided. Every year, the CMS publishes the base units.Time Units:
This is the duration of time spent with the patient before, after, or during the operation providing anesthetics or monitoring the patient’s condition. The total minutes of service are divided by 15 to determine time units.Modifiers:
Anesthesia “provision/supervision” modifiers (-AA, -QK, -QY, -QZ, and -QX) explain the anesthesiologist’s role and CRNA. These modifiers are critical for determining whether an anesthetic procedure was individually conducted, medically directed, or overseen by an anesthesiologist.Formula:
(Base Units + Time Units + Modifiers) x Conversion Factor = Anesthesia ReimbursementBundled services:
Do not bill the following procedures in conjunction with anesthesia.- Do not bill for the Injection of diagnostic or therapeutic substances along with anesthesia procedures (62320 – 62321 and 62324 – 62325)
- Laryngoscopy (31505, 31515, 31527)
- Nerve Blocks (64400 – 64530)
- Bronchoscopy (31622, 31645, 31646)
- Transesophageal Echo (TEE) (93312 – 93318)
Post-operative Review:
The post-operative review consists of records stating that the patient has not suffered any complications due to the anesthetic administered.
The Benefits of Putting Your Billing Needs in Our Hands!
We provide comprehensive Anesthesiology Billing Services and are a reliable partner for practices and businesses throughout the United States. We invest tremendous effort to ensure that our clients’ costs are precisely billed and that we obtain the maximum reimbursement. Our key points are as follows:
- Follow-up on incomplete prescription with the physician’s office
- Regular audit compliance and coding evaluations.
- Employ industry best billing practices and reimbursement regulations.
- 100% HIPAA compliance
- Have proven experience in coding for anesthesia and pain control.
- Primary and secondary insurance verification
- Ensure review of all anesthesia/medical documentation for supporting documents.
- Successfully opening Insurance Panels for Providers
- Claims submission within 48 hours of receiving proof of delivery
- Timely payment posting to reflect accurate AR
- CANPC-certified coders capable of assigning correct CPT and ASA codes.
- Denial management based on detailed analysis