Are you searching for an anesthesia billing solution to overcome workflow inefficiencies and supercharge your collections? NeuraBill’s tailored anesthesiology billing services can help you achieve it.
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We are a leading anesthesia billing company helping anesthetists nationwide unlock the ultimate financial success. Anesthesiology practices that partner with us experience a higher collection rate, reduced denial rate, fewer A/R days, and enhanced claim first-pass rate.
How do we achieve this? At NeuraBill, we design our comprehensive anesthesia billing solutions and revenue cycle management (RCM) workflow to offload the administrative burden from your practice. We expertly oversee every step, from precise medical coding and thorough documentation to accurate payment posting for an optimized revenue cycle. Moreover, our dedicated anesthesia medical billing and coding team diligently handles claim follow-up and proactive denial management, ensuring optimal reimbursements. So, are you ready to numb your billing pains?
Here’s why partnering with NeuraBill for anesthesia medical billing services is a smart move. First, you experience significant cost reduction because you save time, effort, and money on hiring certified professional coders (CPCs) and anesthesia billing experts, purchasing advanced equipment, and leasing office space.
Additionally, you can say goodbye to recruitment headaches and the difficult decisions of layoffs due to fluctuating patient volumes. Our team functions as a seamless extension of your practice, enabling you to scale up or down as needed. If you are still searching for more reasons to outsource anesthesia billing services to us, look no further because we have all that you need and more. From billing expertise to proactive strategies, we’ve got it all.
Our CPCs ensure accurate charge capture by leveraging their deep knowledge of various coding systems.
We handle pre-authorization complexities, securing timely approvals to reduce the likelihood of denials.
Our anesthesia billing experts are well-versed in precise time unit management for compliant billing.
Our clear insights and detailed reports allow you to make data-driven decisions for optimized revenue.
Clean Claims Rate
First Pass Ratio
Revenue Increase
Collection Ratio
Days In AR
Anesthesia medical billing is complicated. The charge capture depends on the procedure’s difficulty, time, and the patient’s health. It requires multiplying the unit sum (base, time, and modifying units) by the conversion factor to get the actual charge units.
Coding inaccuracies impact anesthesia revenue cycle management. There are over 1,800 anesthesia codes. Thus, you must correctly map surgical CPT codes to anesthesia CPT or ASA codes and report the correct ICD-10 codes and modifiers. Errors may lead to denials.
Overusing, misusing, and missing modifiers can result in claim denials. You must append the appropriate anesthesia modifier to indicate the provider’s role (personally, directed, or supervised). AA, AD, QX, QY, and QZ are examples of anesthesia modifiers.
Accurate anesthesia billing demands comprehensive documentation. It requires details of pre-operative evaluation, intraoperative anesthesia, and post-operative care. This information is necessary for the precise capturing of base units, time, and modifiers.
Error-free anesthesia billing requires compliance with the ever-evolving coding guidelines (federal/state regulations and payer policies). Each payer’s requirements vary significantly. Staying current on these updates is challenging for anesthesiologists.
Anesthesiology billing often requires obtaining pre-authorization from the insurance payer. Failure to communicate with the payer and enter the authorization number on the claim will lead to denial. You must obtain payer approval before rendering service.
Medical billing for anesthesia requires expertise and industry knowledge. This specialty has over 200 CPT codes. You must understand how to ensure coding accuracy and specificity to get timely reimbursements and ensure a steady cash flow. Wrong code selection, or selecting a non-specific code when another code describes the rendered anesthesia service precisely, can lead to denials and penalties.
With over 53,000 active anesthetists practicing nationwide, the need for efficient and accurate billing has become integral for each individual’s financial well-being in the competitive healthcare landscape. We proudly partner with numerous anesthesia practices across all 50 states of the USA.
Our team of CPCs and anesthesia billing experts understands the unique complexities anesthetists face in their pursuit of revenue increase. With our precise anesthesia billing and coding services, we help you navigate the intricate time-based billing and base unit calculations so that you receive fair reimbursements for your efforts.
At NeuraBill, we have tailored our anesthesia medical billing services to handle your end-to-end operations, from charge capture to payment posting and everything in between.
Unlike other anesthesia billing companies, we invest in continuous education and training of our team to help them stay current with all the changing industry regulations and payer policies. As a result, our anesthesia billing services are 100% HIPAA-compliant and adhere to state and federal laws.
At NeuraBill, our CPCs and billing specialists focus on coding accuracy and timely claim submission. So that you experience higher collections, lower administrative burden, and quality assurance. Outsource anesthesia billing if your practice struggles to handle billing in-house and has an unsteady cash flow or high denial rate.
It generally takes 3-6 months to experience significant improvement in your revenue cycle after you outsource anesthesia billing and coding. The initial 1-2 months will result in an efficient workflow and an enhanced clean claim rate.
