As the United States grapples with the COVID-19 pandemic, many anesthesiologists and CRNAs are struggling to understand how this unfolding situation will affect their practice financially and logistically. A pair for updates from The Centers for Medicare & Medicaid Services (CMS) provides critical updates that affect physician supervision requirements and accelerated reimbursements. If you have questions about how […]
Medical Business Management would like to take the time to honor all CRNAs (Certified Registered Nurse Anesthetists) during National CRNA Week for their hard work and efforts. The purpose of National CRNA Week isn’t just to celebrate all CRNAs around the world but to also educate the public on what their work entails. What do […]
The Transition Period is Over! For 2020, it’s out with the old, and in with the new. Starting January 1st, 2020, CMS will reject any and all claims submitted with the old, the HICN (Health Insurance Claim Number), and will only accept them submitted with the new, the MBI (Medicare Beneficiary Identifier). Hopefully, you’ve been […]
MAC stands for Monitored Anesthesia Care. MAC is not necessarily a type of anesthesia but more of a style of anesthesia. Monitored Anesthesia Care (MAC) includes all aspects of anesthesia care, a pre-procedure visit, intra-procedure care and post-procedure anesthesia management. While MAC may include the administration of sedatives and analgesics often used for Moderate Sedation, […]
Every anesthesia practice depends on a team effort to serve its patients. One key part of this team effort is a practice’s Certified Registered Nurse Anesthetists (CRNAs), who perform essential (and often thankless) tasks to help patients with their healthcare needs. This week, it’s National CRNA Week – a time to commemorate the hard work […]
Outsourcing your medical billing and coding can be a great choice for your practice. The fact that you can expect an immediate 5 to 15% increase in the amount you collect may be enough to make you choose outsourcing over in-house billing. However, if you are still on the fence, Medical Business Management wants to […]
There are a number of developments occurring to implement national healthcare and central to the remittance scheme is bundled payments. Other names for bundled payments are; episode based payments; evidence based case rate, global bundled payments and package pricing. I like bundled payments. Many healthcare reformers believe that the solution to the "fee for service" […]
Welcome to MBM web site and we wish you a happy and prosperous 2011. I wonder what will happen to the health care industry this year? At 12 o’clock today (Jan 5, 2010) the 112th Congress will be “called to order.” Surely their agenda will include reductions in government spending. In my opinion, that should […]
Welcome to Medical Business Management’s blog page. As a medical billing and collections service for many health care providers and hospitals, we come across a wide variety of health care payment issues. These include; provider credentialing, coding, fee schedules, payer issues, billing techniques, revenue cycle processes and a slew of provider productivity verse payment concerns. […]
