Proactive Anesthesia Billing Tips to Maximize Revenue

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Proactive Anesthesia Billing Tips to Maximize
Revenue
MGSI LLC Medical Billing Company
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Accurate Documentation
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Anesthesia Billing and Coding Tips
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Anesthesia Billing
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Anesthesia Billing and Coding Guidelines
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TABLE OF CONTENTS
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Anesthesia Billing

• Anesthesia billing has ever been more
  complicating and daunting
• unlike billing for other medical
  specialties.
• Attaining maximized revenue for Anesthesia
  billing is possible only if each and every member
  right from the physician to the biller and coders
  involved in handling the medical report work
  productively, keeping in mind the nuances of
  Anesthesia billing.
• Even a simple error or a slip in following the
  standard work protocol may result in hefty
  revenue loss. Having a streamlined work flow
  protocol helps at greater extent  to conform
  qualitative Anesthesia billing to maximized
  revenue flow.
• Listed below are few steps to proactively
  optimize Anesthesia Billing to enhance your
  profits

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Accurate Documentation

• Accuracy is of paramount importance in every
  niche of the healthcare and medical billing
  process.
• Accuracy in clinical documentation of Anesthesia
  billing marks significant changes in medical
  billing and coding, which ultimately enhances
  reimbursement percentage.

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Anesthesia Billing and Coding Guidelines

• Profound knowledge in Anesthesia Billing and
  Coding guidelines aids in avoiding thoughtless
  slip ups resulting in maximized reimbursement for
  the claims.
• Insurance Company policies and Medical billing
  and coding guidelines are set for regular changes
  to cope up with the inevitable upgrades and
  improvements in the healthcare industry.
• Keeping up with the recent policy updates and
  guidelines assist Medical billers and Coders to
  submit quality claims reflecting higher revenue
  flow.

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Anesthesia Billing and Coding Tips
The American Association of Anesthesiologists
(ASA) and Center for Medicare and Medicaid
Services (CMS) has regulated certain specific
coding and billing guidelines listed below to be
followed when billing for Anesthesia.
Reporting Accurate base and time
units Calculating the base unit and entering the
numeric value to Anesthesia procedural codes and
reporting time spent on the procedure by minutes
is crucial.  
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Reporting Start and Stop time Documenting and
reporting the start and stop time of the
procedure is mandate and coders are required to
follow specific insurance companys guidelines
and CMS rules to calculate time units.
Coding Multiple Procedures Some ASA codes
includes multiple areas, these codes have higher
base value. Coders are required to use these
codes to report procedure on multiple areas and
bill with higher base value for maximized
reimbursement.
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Appending corresponding Modifies Modifiers
provide additional information on the procedural
coder. CPT codes should be reported with
appropriate modifiers.
Coding CPT and HCPCS Codes Accurate and detailed
coding of appropriate procedural coders (CPT),
HCPCS, modifiers and ICD-10 CM provides clear
information on the procedure performed, detailed
coding explains how and why the procedure was
handled, making it easier for first pass rate.
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Coding Qualifying Circumstances Qualifying
circumstances are medical conditions that impact
the administration of anesthesia service.
Documenting and Coding Qualifying Circumstances
increases the reimbursement rate of the claim.
While diligently following all these guidelines
and regulations can help increase your cash flow,
it can be cumbersome to handle them effectively
while still keeping up with the ongoing updates
and changes. However outsourcing your Anesthesia
billing to an experienced medical billing company
can reduce denials, low payments, rejections and
entitle you for higher reimbursement.
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About MGSI
MGSI is a leading provider of medical billing
services providing complete Anesthesia RCM
solutions to over 600 physicians clients on the
whole across the US. MGSI is a multi
specialty medical billing company and Anesthesia
is one of our top area of expertise. To know more
about our services and about MGSIs Anesthesia
billing log in to www.mgsionline.com.
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CONTACT

• Want to Know More About us?
• Call us 877-896-6474
• Email us info_at_mgsionline.com
• Visit us www.mgsionline.com

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• THANKS!

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