MAS is the business arm of your care team. With our expertise in anesthesia reimbursement and practice management we can accurately –and economically—collect the entire amount due on your accounts.
We offer a full suite of services and support programs dedicated to your business: accounting, contracting (all forms), coding, revenue enhancement, physician network development, accounts receivable management, report generation, cost management, compensation, comprehensive billing services.
Your Account Team will:
- provide professional and efficient business services
- be CPC certified for coding of anesthesia care
- be up-to-date on critical coding and legislative changes
Managing Your Financial Success
You put in the extra effort, time and expense to specialize in anesthesia. Why expect less from your billing company? Specialization allows concentration of resources, centralized focus and a higher level of expertise. Generalist can compete on price, but never on quality. The most expeditious way to maximize your revenue is to select a billing company that is dedicated solely to anesthesia coding and billing.
Not only does MAS offer this specialization but also can securely relieve you of other time consuming business tasks. Think of the advantage of having your payroll managed by the same people that calculate your group’s bonus and pension liability. Additionally, accounting reports can be delivered to you monthly detailing your group’s cash position, revenues and expenses, year to date and on a comparative basis. Receive all of these services from the same company available to respond to the requests of your fund manager, CPA, attorney and insurance agent. Think of the time this will free for you and the elimination of delays in getting information to your business agents.
To save you even more time, you will have access to specialists in credentialing, taxes, payroll, practice management, compliance and coding. MAS’ accountants and practice management specialists can assist you in evaluating new revenue streams, third party contracting and production benchmarking.
If you’ve lost potential new hires because of a lack of communication or failure to follow up, MAS can coordinate your recruiting needs and information feedback to employment candidates.
Concise and understandable reports are the core of any successful business. MAS will provide you with a complete report program including such standards as balance sheets, income statements and changes in cash position. We will also provide salient statistics, payor composites, case mix, average reimbursement per payor/case and other data. All of which will give you a clearer picture of the value of each surgeon or contract and allow you to separate fluctuations from important developing trends.
MAS offers you not only the highest caliber of billing, but a complete office cadre to meet the day to day business demands of your practice.
Billing Services
Your business success hinges on how effectively you code, bill and monitor incoming payments. Perform poorly in any of these areas and you will not be adequately compensated.
MAS will show you how to increase your revenues while you reduce your administrative costs. We will generate and deliver dynamic reports that will heighten your understanding of case/income ratios, productivity and payors. At your request, we can easily create specialized reports to meet the unique needs of your practice.
When administrators or internal board members require information, MAS is there with the answers. We provide unparalleled support to our clients so if you have specific questions concerning your practice, we can quickly respond.
MAS will develop a specific budget for your practice from your own historical data. We can even project the impact any deviation from that budget would have on your future income.
We will establish internal programs for your practice to monitor revenues, payment verification and compliance standards.
Managed Care Contracting
Many third-party payors believe that anesthesia is merely a secondary service that lacks the bargaining power of other providers. Also at issue is the trend for hospital administrators to pressure in-house anesthesia practices to sign with virtually any plan.
All of these factors combine to drive down the anesthesia conversion factor and prevent it from keeping pace with the rest of the healthcare industry. This makes it more vital than ever to negotiate contracts with the highest possible rates. Otherwise, your lowest commercially contracted rate quickly becomes your prevailing rate.
MAS has an extensive –and successful- background in contract negotiations. We have developed a base of statistics, analyses and techniques that will strengthen your position when we negotiate with
third party payors and explain to hospital administrators why an offered rate is insufficient.
It can take hours to review a contract, offer initial rebuttal, make inquiries to the insurer and prepare for negotiations and follow-up. These hours can be better spent on what you do best: providing anesthesia care services. It is simply unfair to you –and to your practice—to be compelled to review a contract between operating room procedures or hold hasty conversations with the payor’s provider representative. Instead, take full advantage of the extensive knowledge and experience provided by Medical Account Services.
Using an outside negotiator proves that you are committed to pursuing a contractual relationship-but with an acceptable rate.
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