Anesthesia Billing
Is your Anesthesia group collecting every dollar it is owed? Are you getting the information needed to manage the practice today, provide your hospital partner(s) the information they need and prepare for ACO’s tomorrow? With first class service?
At AdvantEdge, we recognize the challenges faced by anesthesia groups and work, as a business partner, to solve them. We take pride in delivering more than anesthesia billing: our healthcare business management solutions enable your group to be successful today…and tomorrow.
So whether you need assistance with a coding project today or a complex ACO solution for tomorrow, we have the resources that your group needs.
Complete Anesthesia Billing, Coding and Practice Management Solutions
Your practice and hospital require—and deserve—a billing process tailored to your precise needs. Among many other capabilities, our solutions include:
- Anesthesia billing technology that links directly to hospital and other systems.
- Technical capabilities to easily interface with your ADT, EMR, charge capture and other systems
- Flexible processes that adapt to your workflow with special attention to when and where your staff and physicians want to be involved
- A complete range of practice management services, if you need them
- AdvantEdge people available when and where you need them
Billing Performance that Matters: Results, Results, Results
Anesthesia groups and departments expect their billing partner to deliver strong collections, every day. AdvantEdge people, systems and operating processes have a relentless focus on this mission. Results can be seen in metrics such as Net Collections Rate (mid to high 90’s), Days in A/R (low 30’s), Days over 90 (under 10%) and Bad Debt % (under 3%). More important are the results in your bank account: monthly cash collected. AdvantEdge clients see more cash, with greater consistency of cash flow.
Results and Information
Today’s anesthesia groups and hospitals require increasing amounts of information from their coding and billing and know that information needs are escalating every day. In today’s world, that means the Quality Payment Program with the Merit-based Incentitve Program (MIPS) which replaced Meaningful Use, and hospital quality metrics.
Tomorrow, we know that clinical quality and outcomes measures and payment information will be linked together—and not just for your practice but for your group in partnership with your hospital(s), referring physicians and payors.
In this environment, anesthesia groups and hospitals need business partners who can provide comprehensive informatics including dashboards, data analytics, drill downs and, most importantly, the flexibility to adapt to the evolving requirements.
Unlike other anesthesia billing companies, AdvantEdge is also a technology company. That means we can adapt quickly to changing regulatory and customer requirements. And our clients get leading informatics through our AdvantEdge Analytics (A2) reporting and dashboards.
Anesthesia Billing Partner
Our experience shows that the best medical billing results occur when there is a strong partnership between your team and our team. This means communications, information sharing and complete transparency. We encourage and expect our customers to be involved in as much of the revenue cycle process as they wish. At the same time, we want to remove administrative burdens from your practice and from your providers (learn more about anesthesia practice management services). We work with each client to achieve the right balance. We look forward to partnering with your anesthesia practice! Call us on 877 501-1611 to learn more.
