Anesthesiology groups that employ CRNAs and/or anesthesia assistants have a more complex revenue cycle. Verifying concurrency of medically directed cases and the accurate use of the “Q” modifiers begins the list.
The revenue value of CRNAs is often under estimated and under billed. Medical Business Management works with anesthesiology groups to further develop their revenue cycle and to generate their cash flow.
MBM assists anesthesiology groups in the following ways:
- Projections of cash flow
- Pain management billing/collections
- Revenue cycle development
- Credentialing with payers
- Separation of revenue
- Productivity standards
- CPT and ICD Coding
- Data Entry
- Payment posting
- Patient payment inquires
- Storage and scanning
Establishing a high-yield revenue cycle and generating cash flow are MBM objectives. We use specific anesthesia billing software and our experienced staff has a wealth of anesthesia billing knowledge.
In our daily cycle of work, MBM will credential your providers as needed, code all claims, with ICD-10 code electronically file all claims with insurance payers, post payments, and follow-up no-pay or slow paying claims. We believe that anesthesiologists should focus on what they do best.