By Becky Bicks

Anesthesia is one of the greatest modern inventions, and it has saved countless individuals from large amounts of pain and suffering. The use of anesthesia is a routine practice nowadays and therefore something that must be billed for regularly. If you are involved in anesthesia billing you’ll want to get your practice down so that it is smooth and effective. Here are five helpful tips to make sure your process of anesthesia billing is as painless as possible for patients, yourself and the insurance companies with which you will be working.

1.Know what you’re billing for: Administering anesthesia is a complicated process, involving different units of medication as well as time – so, to be sure you’re billing correctly, you’ll want to understand exactly what you’re billing for. Arm yourself with an extensive knowledge about how anesthesia is administered and how it is priced. Doing this, you will be ready to answer any questions patients or insurance companies might have.

2.Know your insurance companies and how they want to be billed: You’ll probably be working with many insurance companies when billing for anesthesia, so get to know the different providers and how they want to be billed. Practices can differ from company to company, so familiarizing yourself with specific practices beforehand can save you a headache when the time comes to process claims.

3.Process claims quickly: One of the most important practices for anesthesia billing is entering charges quickly and getting claims to the clearing house immediately after. Anesthesia creditors should try to take no more than a day to completely process a payment or bill.

4.Collect from patients upfront: Adjusting to the mood swings of the economy, many creditors will often send patients a bill after their procedures and wait to receive payment in the mail. Today, things have changed economically, and many patients have very high deductibles and less money at any given moment; which means that many bills aren’t being paid on time or in full. So, rather than get into a dispute with patients and risk never being paid, educate patients about the full costs of the services they’ll receive before the day of their appointment. Ask them to pay what they owe upfront or agree on a set payment plan, so that the details of bill payment can be squared away from the get-go.

5.Stay up to date: Like any industry, the practices and trends in anesthesia billing change as time passes and technology advances. In order to make sure that your anesthesia billing process stays in line with or ahead of your competing practices, make sure that you stay up to date with trends in the industry, be they new practices, new anesthesia billing software programs or new companies in the field. By keeping up to date with the newest and most relevant information, you can be sure to maintain the most modernized and effective anesthesia billing process.

 

Becky Bicks is a freelance writer and photographer living in Brooklyn, NY. She graduated from Yale University with a B.A. in writing, and she has extensive experience writing web copy.

abeo

abeo Management Corporation (abeo) serves as a leading source of revenue cycle management and practice management with a specialization in anesthesia. The company leverages its people, processes, and software to serve independent practices, surgery centers, hospitals and healthcare systems with a scope of services that include billing, coding, transcription, practice management, and business consulting.

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