Q. Is it necessary to have type of contract with a facility/hospital before I commence providing anesthesia services?

A. Absolutely. For a number of reasons a Anesthesia Coverage Agreement is critical to your success. It not only outlines the responsibilities you have in providing anesthesia coverage for the facility/hospital, but it also outlines who you are, how you plan to provide service, sets forth the facts on how you are to be reimbursed for your services, direct billing to patients and their third party carriers, or a salary scheme directly with the facility. If your anesthesia practice allows you to directly bill your patients and / or their third party payers for your services there are a number of additional items that this type of agreement should cover. Examples of these items are allowance of access -free of charge- to all medical record documents necessary for billing and claim submission purposes, access to patient demographic and insurance data, as well as a clear indicator that you are not an employee of the facility/hospital nor are you involved in any aspect of the facility/hospital’s billing for any anesthesia supplies and / or equipment. Of course any legal binding contract should be reviewed by an attorney; however, several of the necessary issues that need to be addressed within the actual contract are missed by attorneys who’s primary concern is the legal interpretation of the agreement. Issues associated with HIPAA need to be addressed and you may be asked to sign a Business Associates agreement with the hospital/facility.

Q. How are we certain we are maximizing CRNA reimbursement within our facility?

See Answer.

Q. What is the necessity of obtaining an NPI -National Provider Identifier?

See Answer.

Q. Does an entity as well as an individual provider need an NPI?

See Answer.

Q. What does the term "most favored nation" mean as it appears in many third party payer reimbursement agreements and participation agreements?

See Answer.

Q. What is an RFP?

See Answer.

Q. Does it make any difference if I select CPT-4 codes from the Surgical or Anesthesia Sections?

See Answer.

Q. Since the Medicare Modifier -QS is not valid for actual reimbursement calculation, does it really need to be used?

See Answer.

Q. How long will it take to develop a cash flow from a new practice opportunity?

See Answer.

Q. I have graduated from Anesthesia School, but have not taken my certification examination, can I still bill for my services since I have completed my required anesthesia program?

See Answer.

Q. In evaluating a practice opportunity what questions or data should I be requesting from the practice?

See Answer.

Q. I plan to do all of my own procedure and diagnosis coding, -CPT-4 and ICD9-CM coding) is this a good idea?

See Answer.

Q. Is it necessary to have type of contract with a facility/hospital before I commence providing anesthesia services?

See Answer.

Q. Why would I use an ABN-Medicare Beneficiary Advance Benefit Notification document?

See Answer.

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