Mastering Time-Based Anesthesia Billing: A Guide to Boost Accuracy and Revenue

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  Anesthesia billing is a unique and intricate component of medical billing that differs significantly from other specialties. Unlike procedures billed on a per-service basis, anesthesia is often billed based on the duration of the service—making time-based billing a critical factor in accurate reimbursement. Let’s break down what time-based anesthesia billing entails and how practices can optimize their billing processes to avoid costly errors and delays. What is Time-Based Anesthesia Billing? Time-based anesthesia billing involves calculating charges based on the total time the anesthesiologist spends with a patient. This typically includes: Preoperative preparation Administration and maintenance of anesthesia Post-anesthesia care until the patient is no longer under the anesthesiologist’s care The billing formula generally looks like this: Total Units = Base Units + Time Units + Modifying Units Base Units : Determined by the specific surgical procedure perfor...
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Internal Medicine Practices Handling A Unique Billing Process Gain From Specialized Medical Billing

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Medical billing can be challenging for all types of medical practices; however, for internal medicine physicians/internists, it can be even trickier as the billing procedure for them is quite unique. Internal Medicine Practices is a medical practice providing healthcare services for adult patients

Why is Billing Unique for Internists?

  • For the majority of medical conditions, patients first go to internal medicine practitioners for diagnosis and basic treatment. From there they are referred to specialists for further medical care if required. Due to this, internists become dependent on other practices or practitioners for payment and the billing process gets complicated
  • Internal medicine practitioners offer diverse services. They see approximately 30-40 patients on a daily basis. Besides hospitals and nursing homes, they also visit patients at offices and homes. Due to a high number of patients, they need to handle a large volume of claims which creates a greater possibility for errors and denials
  • As internists need to collaborate with multiple practitioners and deal with various patients, regular changes in coding also complicate the billing process

Hence Internists prefer outsourcing billing and coding services to a billing partner so that minor mistakes such as negligence in procedure billing, under-coding office visits, or errors in coding do not hamper their chances of getting paid what they deserve.

Since the billing partner will be entirely focused on filing claims, following up with insurance companies, and handling claim denials, it saves money and time for Internal Medicine Billing practices which can be used on patient care.

To learn more about Internal Medicine Practices Handling A Unique Billing Process Gain From Specialized Medical Billing, click here: https://bit.ly/3WICklH Contact us at info@medicalbillersandcoders.com/ 888-357-3226.

Location: United States

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