What we do and how we do it....

Feeling the Pain?

Rising operational expenses and declining reimbursement are challenges that weigh heavily on most practicing anesthesiologists.  The Catch-22 is that time devoted to financial oversight is time away from the operating room.

 Wouldn’t it be ideal to have a business partner who understands the nuances of the anesthesiology landscape and negotiates fair contracts on your behalf?  Someone to manage your accounts receivable with relentless precision to ensure fast and accurate reimbursement of every dollar you are owed? Reimbursement Managers will focus on these fiscal matters so you don’t have to.

It’s About Priorities

 You didn’t get your MD with the intention of becoming a CFO.  That’s where we can help.  Reimbursement Managers is more than a billing service.  We work directly with anesthesia providers to maximize reimbursement through:

• Shrewd managed care contracting

• Accurate coding

• Sound documentation

• Verification of all payments per contracted rates

Obtaining payment for anesthesia services is complex.  There are no universal reimbursement protocols, so procedures vary from one payor to the next. And because anesthesia services don’t correspond to single CPT codes, tracking insurance payments can be confusing and tedious if your information systems are not anesthesia-specific.  Many anesthesia providers lose thousands of dollars each year in unpaid claims resulting from incorrect paperwork or underpayments that are left unchallenged. 

A Different Kind of Specialist

You wouldn’t see a general practitioner doing your job in the operating room.  Why hire a generalist to manage your finances?  Our systems were created specifically with anesthesiologists in mind. See how Reimbursement Managers can make a difference for your bottom line:

Big Picture Focus

 Even the best billing service can only collect as much as the managed care contract allows. Sound contract negotiation is the first step toward fair compensation. Reimbursement Managers will negotiate on your behalf and then tenaciously follow through to ensure payments match the contracted amount.  In some cases, our aggressive contract negotiations have increased clients’ payor contract rates by as much as 25%. 

As a strategic business partner, Reimbursement Managers can recommend overall financial management policies to maximize practice reimbursement. Looking to increase efficiency with paperless charge transmission?  Our experts can put a plan in motion.  We also offer many new medical business management applications.

Automated Efficiency

 Most billing agencies use all-purpose software to generate anesthesiology claims.  This process is labor-intensive, error-prone, and costly. Rejected claims often must be resubmitted within narrow time windows to qualify for reimbursement. With generic billing software, claims filing is slow and can result in missed deadlines.  Data analysis is nearly impossible.

Reimbursement Managers generates more accurate claims – thereby expediting payment – with an automated billing system that was created exclusively for anesthesiologists.  Developed in partnership with an IT company, our software tracks anesthesia time units down to the minute, factoring in physical status modifiers and qualifying circumstance codes to ensure accurate reimbursement, per contract terms. The software also generates statistical data that is useful for operational analysis and front-end contract negotiations.

We Mean Business

 Collectively, the principals of Reimbursement Managers have four decades of experience working in the healthcare reimbursement system. Unlike newcomers to the business, we understand the idiosyncrasies of regional payor protocols throughout the U.S. and can navigate the system with ease

Make a Smart Financial Decision

Leave the CFO duties to us. With Reimbursement Managers, your balance sheet is in good hands.  To learn more about our services, call 877.352.7366 toll free.