Anesthesiology Billing Service
Our anesthesia billing service starts with a billing process custom-fit to your practice, focusing on the most efficient and quick means to acquire all needed information, with quality and integrity checks built-in. At the same time, a complete review and update of credentialing (provider enrollment) information is conducted. Compliance issues and risks are highlighted and resolved throughout the process.
Accurate bills are sent to each of your payors within thirty to ninety days. As claims are adjudicated, payments are posted and denials are automatically routed to the proper AdvantEdge anesthesia billing expert for quick resolution. Secondary claims and patient balances are automatically billed. Outstanding balances with payors and patients are analyzed daily with each exception assigned to an accounts receivable expert. And your practice has access to daily financial and operational summaries of these functions.An AdvantEdge client manager works with your practice throughout implementation and after; he or she is available to your practice at any time to review questions and as a practice management resource.
If your current anesthesiology billing service isn’t exceeding your expectations, ask us to demonstrate why AdvantEdge is different. At AdvantEdge, we take pride in meeting each client’s specific needs, with consistently strong net collections and A/R performance. This “outsourced” (i.e. your work is done by our employees on your behalf) billing reduces your fixed costs, while you retain control and visibility, including online “anytime, anywhere” access to your current financial performance.
Can your anesthesia billing benefit from our Proven Results?
Proof
- Collections up 5 to 50%
- A/R days outstanding down by 5 or more
- Denials reduced up to 90%
- Achieve net collections of 95+%
Performance
- State-of-the art technology and tools mean service to billing intervals in hours or days, not weeks
- Process 99% of claims electronically
- real-time reporting
- Visibility and control for your practice
Productivity
- You focus on clinical matters, not the “back office”
- Lower staff and overhead costs
People
- Trained, certificated, and ready to meet your unique needs.
- Responsive service
- Expertise
- Confidence
Process
- Streamlined and fully compliant workflow means
- Rapid, efficient claims processing
- Fewer denials, faster denial processing
- Automation of routine tasks
- Reduced compliance risk
Partner
- Solutions tailored to the specific needs of your practice
- An extension of your practice
- Advisor
- Payor contract negotiations
- Credentialing
- Industry expert in regulations, coding, compliance
How AdvantEdge Anesthesiology Billing Serves Your Practice
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- Demographics captured via hospital downloads (HL7 and other)
- Anesthesiology Charge Capture including ECC, EMR, and ADT interfaces
- Reconcile charge batches
- Daily electronic filing of medical claims
- Electronic Payor Remittance (ERA)
- Payment Posting with Daily Reconciliation
- Flexible Patient Statements
- Patient portal
- Lockbox, other Banking Arrangements
- Rapid Follow-Up with Payors, Patients
- Denial Management
- Expected vs. Actual Reimbursement Analysis
- Compliance Plan and Program
- Powerful Anesthesia Billing System
- Line Item Posting
- Full journaled transactions
- Web-based dashboard with daily financial results
- Customized Reporting
- Client Management Expert Assigned to each Client
- Options for chart auditing, credentialing, payor contracting, HR, Accounts Payable and more
