Anesthesiology Billing
A Specialist in Revenue Cycle Management for Anesthesiology
A Specialist in Revenue Cycle Management for Anesthesiology
MSN’s specialized expertise in anesthesiology billing brings clients everything they need to entrust their revenue cycle to MSN. We go beyond billing to effectively manage our clients’ revenue cycles.
Revenue Cycle Management
“…all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue.” - (Source: Healthcare Financial Management Association, Online Glossary)
Services We Provide
Proactive Feedback On Charting Issues
Proactive Feedback On Denied Claims Or Line Items
Managed Care Contracting & Assistance With Payer IDR Disputes
MSN partners with several experienced anesthesiology consultants to offer managed care contract consulting to our clients. We also advise clients on the Independent Dispute Resolution process should you be threatened with insurance plans forcing you out of network.
Provider Education & Compliance Plan Assistance
Practice And Financial Management
MSN has industry experts to help you manage your anesthesiology practice. Our client service representatives are skilled in data analytics and access a proprietary Business Intelligence tool to promptly resolve your practice’s ad hoc reporting needs. And if your practice needs stipend negotiation, group formation or merger, and/or bookkeeping services, we have skilled financial management professionals available.
New Facility Revenue Projections
MSN works closely with our practice partners to help grow their businesses. One of those areas is providing true collection estimates for new service locations. By comparing your staffing costs to accurate collection estimates, you’ll know in advance whether to seek a financial guarantee from the facility.
MSN is Medical Billing
Contact us today and discover more about our billing services.
Charge Capture
Do you know unbilled charges are one of the biggest areas of lost revenue for physicians? And with the continued pressure on physician reimbursement, the last thing you want is to be providing your services for free. MSN employs more people to make sure all client charges are captured, verified against source documents (such as final surgical schedules and birthing logs), and billed out. Every day.
Documentation. Physician Education. Coding.
The most effective billing begins with the anesthesia provider and accurate documentation of the services rendered. MSN’s program of ongoing physician education keeps our anesthesiology clients current with clinical and regulatory requirements. The result is more accurate and compliant coding, and improved collections.
Denial Mitigation
Before we submit a client’s claims for services, we verify they’re error-free and can be accepted for payment – thereby reducing the potential for payer denials.
Accounts Receivable Control
MSN actively works the accounts receivable (the bills that have been sent out, but not yet paid). Some billing companies simply run automated processes that get much of the AR paid and then write off the rest to bad debt. Rather than allowing charges to drift off and become old unresolved debt, MSN’s AR experts work to uncover why something is not being paid. This costs more than an automated process, but it’s part of MSN’s investment to do the right thing to achieve the best results for our clients.
Balance of People and Technology
MSN knows that a balance of people and technology is needed for effective billing. Our billing technology is designed specifically for anesthesiology. And our company invests more in expert people to work with payers, identifying and resolving root cause issues that affect payment for your services.
Patient Access
High deductible healthcare plans mean healthcare consumers are now one of the largest guarantors for anesthesiology services. Patients need multiple ways to access and pay their bills. MSN offers efficient tools for effective billing through e-statements/mail, an online patient portal with live chat, call centers with auto payment options and in-person operators, and consumer access from smart phone devices.
Communication
What a physician is paid changes almost every day in healthcare. That’s why MSN constantly updates our clients on all issues and topics affecting reimbursement.
Medical Anesthesia Group transitioned to MSN in 2015 and we have been very happy with their service since that time. As a large, independent practice it is critical to our success to have a partner with superior reporting capabilities, responsiveness, and flexibility. We have found all of those in our partnership with MSN.