Revenue Management Solutions for Anesthesiology Practices

Accounts Receivable Management

Revenue cycle management solutions from McKesson help anesthesiology practices improve accounts receivable and boost revenue.

• Anesthesia billing and reimbursement management to help ensure on-time, accurate payments
• Complete and timely charge capture
• Anesthesia coding and auditing performed by certified coders
• Line-item posting of charges and payments
• RIS planning, evaluation and interfacing
• Hospital and managed care contract negotiation assistance
• Payor relations, including negotiation assistance
• Fee schedule optimization
• Random chart audits to help prevent incorrect payments
• Establishment of optimal billing cycles
• Establishment of appropriate codes for newer procedures that payors recognize and process
• Web-based patient portal for statement review and accurate payment processing

Reporting

Increase productivity, simplify processes, and ensure accurate claims.

• Summary management reporting and analysis
• Detailed custom reporting to provider and code level
• Productivity tracking for provider compensation
• Accession log number tracking
• Denial management tracking
• Radiology utilization and outcomes management
• Payor reimbursement tracking
• Practice benchmark comparisons

Compliance

Ensure your anesthesiology practice controls practice costs and is compliant with anesthesia coding and regulatory changes in order to provide the security you can count on.

• Technology-based compliance monitoring
• "Gold standard" compliance program managed by full-time staff
• Random audits to monitor compliance risks
• HIPAA data solutions and guidance
• IBM Fraud and Abuse Monitoring System
• Documentation training and physician education

Consulting

Get consulting services and expertise so your anesthesiology practice can implement the right revenue cycle management solution for its specific business problems.

• Network and managed care affiliation strategies
• Comprehensive financial management services
• Merger facilitation and group formation
• Development of outpatient and ancillary services
• Joint venture development for imaging centers
• Comprehensive practice reviews
• Compliance-related training and education
• Facility coding reviews
• Managed care contracting