Q. What is an RFP?

A. An RFP is a formal Request for Proposal, usually submitted to a vendor or provider of service by an organization who is seeking bids for such service. In the business of anesthesia you may often hear a hospital say "...they have sent out an RFP or that project went out on RFP.." this means that they are simply soliciting organizations to submit a proposal and in the world of anesthesia this would mean an anesthesia services proposal. If you are the recipient of an RFP, you need to read over all the details outlined in the RFP document and then decide if you or your organization is going to prepare a response to this RFP. If so, you will need to prepare a detailed response that answers all the questions within the RFP, plus provide a detailed outline of your organization, the type of anesthesia services you provide, the resources you have in place and/or would put in place, to provide these services, your background academically and clinically, and how you perceived carrying out the duties of the contract should your proposal be accepted. Often times vendors do not know ahead of time that they are being considered for an RFP opportunity. BCS's weekend educational seminar entitled, "The Business of Today's Anesthesia Practice" has devoted a 60 minute session to this overall process detailing what an RFP is, how should a response be prepared, by whom and when. This session has been received very well by the attendees.

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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