CRNA groups are a very important part of Medical Business Management. Working with their entrepreneurial spirit is quite rewarding. MBM can help identify group or practice development issues including “cash flow” projections.
MBM helps establish Independent CRNA groups in the following ways:
- Project cash flow
- Help obtain Tax ID number
- Business development plan
- Credentialing – Group and Individual numbers
- Encounter forms / Charge sheets
- Revenue cycle development
- CPT and ICD coding
- Data entry
- Payment posting
- Handle patient inquires
- Storage and scanning
MBM completes the insurance credentialing required to establish the individual or group for billing purposes. Medicare, Medicaid, Blue Cross and Tricare require provider participation agreements.
MBM manages the “back office” staff duties, from coding to posting payments. The CRNA manages the clinical side and MBM handles the rest.
Utilizing specific anesthesia billing software, dedicated staff and electronic filing, MBM will work on your behalf from claim generation to claim payment. MBM scans and electronically stores all documents including payments, EOBs and electronic remits.
Using either EMR or paper charge tickets, MBM seeks 100% accountability for anesthesia service claims. A missing claim is lost revenue. Working with your “service” location, MBM will establish a process to assure the capture of all claims.
Easy to understand financial and production reports are key elements to guide your practice. Each month, MBM works with clients to evaluate their month-end and year-to-date financials and productivity. In partnership, we want your practice to grow and prosper.