Anesthesia Billing Services

Are you struggling to streamline your anesthesia coding and billing requirements? Are these challenges leading to claims rejections or delays? Our HIPAA-compliant anesthesia billing services help you manage complex coding and billing processes, ensuring timely reimbursements.

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How We Streamline Anesthesia Medical Billing for Your Practice

Our AAPA and AMA-certified professionals have wide experience in providing accurate billing and coding services for anesthesia practices. Their understanding of the common to complex challenges in anesthesia billing makes them adept at addressing the needs of diverse medical entities. These entities include hospitals, anesthetic groups, urgent care centers, independent anesthetists, and doctors specializing in general anesthesia, regional anesthesia, local anesthesia, ambulatory anesthesia, and monitored anesthesia care. Here is how we deliver our anesthesia billing services to our clients:

  • Leverage billing software integrated with systems such as EHR, EDI, EMR, PCS, and other tools to minimize the need for manual data entry and paperwork.
  • Verify patient details such as (demographics, SSN, registration number, address, medical history) and provider details (name, address, insurance policy coverage, effective date, and expiration date) to ensure accurate claims documentation.
  • Verify coverage information from insurance payers for certain anesthesia services that require preauthorization. This includes getting a clarification about the out-of-pocket expenses (coinsurance, deductibles, copayments) borne by patients.
  • Assign specific codes to capture aspects like anesthesia administration time, base units, and time units to calculate the anesthesia conversion factor for the rendered anesthesia services.
  • Adhere to pertinent regulations while handling different anesthesia billing types, including value-based payment billing, episode of care billing, capitation billing, global billing, etc.
  • Assign accurate billing codes such as ICD-10, CPT (00100-01999 for anesthesia services, 99100-99150 for anesthesia modifiers, 01935-01936 for anesthesia for obstetrics, and more), and HCPCS Level II codes related to anesthetic practices.
  • Facilitate clean electronic claims to respective insurance payers such as Medicare, Medicaid, private insurance companies (Aetna, UnitedHealthcare, Anthem, Cigna), Workers' Compensation, Managed Care Organizations (MCOs), and others.
  • Verify EOB and COB to ensure that the reimbursement amount matches the patient invoice amount. Support the appeals process in case of any discrepancies in the amount of claims.
  • Analyze EOBs to clarify patients’ out-of-pocket expenses (co-insurance, deductibles, co-payments).

    Our Comprehensive Anesthesia Billing Services

    Payment Posting ServicesDenial Management ServicesAccounts Receivable ServicesInsurance verificationCharge captureClaim submissionDenial managementElectronic payments postingAccount receivable (A/R) managementCompliance services

    The Invensis Advantage for Revenue Cycle Management Services

    As an HIPAA-compliant outsourced revenue cycle management company, we have over 24 years of experience delivering healthcare revenue cycle management services to US-based health care practices. We have helped our clients adopt best practices, including prioritizing patient care, investing in advanced technology, collecting patient payments upfront, ensuring accurate charge capture, and timely claims filing. Over the years, we have seamlessly integrated people, processes, and technology to adapt to evolving legislation and industry needs. As a result, our RCM management services have helped our clients to eliminate waste, enhance efficiency, and receive comprehensive, value-based support. Our expertise has led to significant success for our clients, including a 20% reduction in claim denials and a 30% increase in collection rates. Outsource revenue cycle management services to us and reap the maximum benefits of back office support services.

    Days in AR
    -45
    Clean Claim Rate (CCR)
    %
    Denial Benchmark
    %
    Net Collection Rate (NCR)
    %
    Contact Information

    You can reach us at:

    D 45 Shyam Vihar Phase 1 Najafgarh New Delhi- 110043
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