Practice management solutions support the day-to-day finance and business operations of a medical practice. Practice management software, the scope of services that medical group management encompasses, and the job function of a practice manager / practice administrator has evolved over time. However, the overarching goal remains the same: practice management aims to strengthen practice performance and practice efficiency.
Recognizing independent practices and hospital-employed anesthesia groups all have unique and specific needs, abeo approaches the topic.
Billing and AR Management
Within the anesthesia industry, revenue cycle management services are typically a stand-alone category priced separate from medical practice management services. abeo RCM support services ranges from provider enrollment and professional medical coding, to claims submissions and accounts receivables follow up.
This area involves oversight and analysis in regard to accounting, budgeting, payroll, and revenue cycle management performance. Basic bookkeeping, reimbursement policies, income distribution, cash flow management and financial reporting are among the functions abeo provides to ensure a profitable anesthesia practice.
Board structure, policy development, a defined decision-making process, practice governance, and the internal communication infrastructure are among the functions abeo assists with as medical practice management consultants to enable an anesthesia group to effectively manage and control the practice.
Setting goals to direct the future of the anesthesia practice involves an understanding of the group’s value proposition, growth strategy, and industry trends so the practice can set priorities and have direction. abeo collaborates with the anesthesia leadership team in activities such as evaluating and planning for new practice sites and new services, exploring the benefits and drawbacks of alternative reimbursement methodologies, and practice merger and acquisition considerations.
abeo adapts our medical practice management solutions offer support to any anesthesia group structure you can think of. Our anesthesia management pricing is tailored to the unique environment and needs of each client.
We specialize in billing, coding, compliance and practice management for anesthesia providers and ambulatory surgery centers.Learn More
Continual changes in healthcare means billing today takes on a whole new meaning. We keep pace with the rapidly transforming industry so you have less to worry about. Our best practices combined with our billing software, generate maximized revenue and deliver long-term value.Learn More