BILLING & REIMBURSEMENT
Over its 30 year history Anesthesia Business Consultants has evolved a distinctive approach to Accounts Receivable management. Consistent results involve the careful coordination of industry experts, optimum processes for each of the specific tasks necessary to resolve a claim and the effective integration of state of the art technology. Each piece of this People, Process and Technology strategy is equally important and a subject of ongoing review, refinement and investment.
Our service relationships rely on qualified and experienced staff, who are trained and encouraged to explore the unique clinical services and the correspondingly unique billing requirements of every client. The company has invested in the education of all staff members so that they understand industry norms, apply analytical tools consistently and keep our clients abreast of relevant market and practice issues and trends. Account managers and vice presidents of client service are continually educating our clients with regard to the revenue potential of the services provided, ways of utilizing our powerful management information and insights gained from years of supporting clients nationwide.
Effective Accounts Receivable management requires a clear and overarching strategy and plan. Payor mix reports help us continually identify and refine claims submission, follow-up, payment verification and account resolution options. There is no aspect of the life of a claim that is not the subject of executive review. Management is continually looking for rate-limiting steps and opportunities for process improvement.
This philosophy and approach is embodied in our proprietary software, which has been specifically developed to reflect 30 years of feedback and lessons learned. There simply is no more powerful software on the market for managing the arcane and complex requirements of today’s anesthesia practice. Each year millions of claims for anesthesia, pain and intensive care services are specifically formatted and submitted to payors nationwide. This experience and our ability to effectively monitor and modify payor behavior is a key ingredient to our ongoing success.
