Anesthesia Business Consultants

The Anesthesia Insider Blog

800.242.1131
Ipad menu

Blog

EasyBlog

This is some blog description about this site

Anesthesiologists in the ICU: Economics and Other Considerations

Very few private anesthesia practices provide services in their hospitals' intensive care units (ICUs). The lack of enthusiasm for staffing the ICU relates directly to a perception that ICU coverage is not as profitable as operating room (OR) coverage. The entire Anesthesia Business Consultants client database only yields a few examples of private ...
Continue reading
99 Hits
0 Comments

CMS Emergency Waivers Help Hospitals and Anesthesia Providers Care for Hurricane-Affected Patients

SUMMARY The Centers for Medicare and Medicaid Services (CMS) has issued several waivers and modifications of certain federal healthcare program requirements to enable beneficiaries impacted by Hurricanes Irma and Harvey to receive emergency and other care and to allow providers to be reimbursed for their services. It behooves all anesthesia ca...
Continue reading
66 Hits
0 Comments

Why Your Compliance Efforts May Be Worthless

Mark F. Weiss, JD The Mark F. Weiss Law Firm, Dallas, TX, Los Angeles and Santa Barbara, CAIt's a riddle almost as inscrutable as that of the Sphinx: How can a physician or pharmacist or facility owner be convicted of a federal crime for violating a state law? The answer is, unfortunately, quite simple, quite questionable and quite dangerous. It tu...
Continue reading
53 Hits
0 Comments

A Compliance Reminder for Anesthesia Groups: Check Monthly OIG Work Plan Updates

​SUMMARY The Office of Inspector General has begun issuing monthly rather than yearly or biannual updates on its Work Plan. Anesthesia and pain groups should become familiar with the new format on OIG's website and subscribe to the agency's Work Plan updates to stay informed. The 2017 Work Plan includes two anesthesia-related items: non-covere...
Continue reading
53 Hits
0 Comments

Predictions for Healthcare in a Trump Era

Healthcare has been the talking point for generations, but its presence has been even more pronounced since President Obama's election in 2008. Such discussions have revolved around passing comprehensive healthcare reform, passing the Affordable Care Act (ACA or "Obamacare"), repealing the ACA and replacing it with the American Health Care Act of 2...
Continue reading
196 Hits
0 Comments

Anesthesia Services and ‘Surprise’ Billing Laws: How Are Practices Managing?

SUMMARY Comprehensive laws restricting balance billing have been passed in several states, and many more states have introduced legislation. In general, anesthesia groups have adapted by aligning with their facilities' contracting strategies and in-network profiles; however, strategies for anesthesia practices remain diverse and market-specifi...
Continue reading
147 Hits
0 Comments

Your Hospital Issues an RFP for Anesthesia Services: Now What?

Robert Johnson, MBAPrincipal, Enhance Healthcare Consulting, Aventura, FLRobert Stiefel, MDCo-Founder and Principal, Enhance Healthcare Consulting, Aventura, FLAs a national anesthesia consulting firm, we are seeing hospitals and healthcare systems change or attempt to change their incumbent anesthesia groups with increasing frequency. A recent sur...
Continue reading
125 Hits
0 Comments

The ACA’s Impact on Anesthesia Practices: What We’ve Learned

SUMMARY A review of data in selected markets indicates that, while the impact of the ACA varies significantly in different parts of the country, anesthesia practices have, on the whole, fared well with health reform. Despite the slow but steady increase in Medicare patients, the net yield per unit continued to rise for most ABC clients from 2012 to...
Continue reading
167 Hits
0 Comments

Hospital CEO Turnover: What You Must Know and Do to Protect Your Anesthesia Group

You and I are sitting in the hospital boardroom directly across from the hospital's CEO.We're negotiating the last few points on the renewal of your group's exclusive contract.Perhaps we're pushing for something minor in the scope of things, but it's still important to your group. For example, it could be for continuing the funding of the surgeon s...
Continue reading
178 Hits
0 Comments

Anesthesia Groups, Take Note: Data Breach Website Helps Providers Research and Report

SUMMARY The Department of Health and Human Services' data breach portal no longer lists data breaches indefinitely, but rather, archives incidents once they have been resolved. The agency also has introduced a revised Health Breach Reporting Tool that connects providers and patients with extensive resources and assistance with reporting and prevent...
Continue reading
369 Hits
0 Comments

Where Do We Go From Here? Choosing the Right Path in Turbulent Times

Will Latham, MBA President, Latham Consulting Group, Inc., Chattanooga, TNThe environment continues to be a challenging one for anesthesia groups. Health systems are combining, stipends are under pressure and payment system changes loom. And there is always someone knocking at your hospital CEO's door saying they can do it better, faster and cheape...
Continue reading
206 Hits
0 Comments

Anesthesiologist Assistants as Physician Extenders: An Option Whose Time Has Come?

SUMMARY Anesthesiologist assistants (AAs) are highly trained professionals who work solely in the anesthesia care team environment under the supervision of a physician anesthesiologist. With the looming anesthesiologist shortage due to an aging population and increased demand for surgical services, the addition of AAs to the care team might be...
Continue reading
214 Hits
0 Comments

Are You Prepared for a Ransomware Attack?

Neda M. Ryan, Esq. Compliance Counsel, Anesthesia Business Consultants, LLC, Jackson, MIImagine seeing the following message flash onto your computer screen: "Many of your documents, photos, videos, databases and other files are no longer accessible because they have been encrypted." What would you do?That is the message computer users in more than...
Continue reading
471 Hits
0 Comments

The Future of Payment for Ultrasonic Guidance: Predictions for Anesthesia Providers

SUMMARY During the past five years, the code for fluoroscopy guidance in the management of chronic pain (77003) has been bundled into all of the most common chronic pain modalities, such as paravertebral facet joint injections and transforaminal injections. The same thing seems to be happening with the use of ultrasonic guidance (USG) in the p...
Continue reading
291 Hits
0 Comments

Strategy and Adaptability in a Competitive Market: Lessons from the Nation’s Largest Anesthesia Organizations

Howard Greenfield, MD Co-Founder and Principal, Enhance Healthcare Consulting, Aventura, FLJody Locke, MA Vice President of Anesthesia and Pain Practice Management Services Anesthesia Business Consultants, LLC, Jackson, MIAs of April 1, 2017, eight entities employed more than 22 percent of all anesthesia providers in the United States. The size and...
Continue reading
246 Hits
0 Comments

EMRs in Anesthesia: Smart Tips for a Smoother Transition

SUMMARY Moving from a paper-based anesthesia record to an anesthesia information management system (AIMS) or from one AIMS to another is not a simple task, but anesthesia care providers can ease the transition by becoming involved early in the process, working closely with their billing vendor to minimize the implementation's negative impact on acc...
Continue reading
316 Hits
0 Comments

Building a Solid and Secure Future in Anesthesia

One look at a graph showing completed acquisitions of anesthesiology and pain practices over the past several years reveals an upward slope and a clear illustration of a marked trend within the specialty. Acquisitions have grown steadily, from three in 2009 to 37 in 2016. According to one source, anesthesia and pain practice acquisitions increased ...
Continue reading
265 Hits
0 Comments

On Diversion, Depression and Emergency Department Visits: An Update on Opioids for Pain Specialists and Anesthesia Providers

SUMMARY A data analysis offers eye-opening findings about opioid prescriptions and the most common mental health disorders. Nurse anesthetists find benefits in a beta blocker as an opioid-sparing technique for shoulder surgery patients. Two major pharmacy groups zero in on the waste stream as a source of drug diversion. We present these and several...
Continue reading
415 Hits
0 Comments

Anesthesiologists in the ICU: Economics and Other Considerations

Very few private anesthesia practices provide services in their hospitals' intensive care units (ICUs). The lack of enthusiasm for staffing the ICU relates directly to a perception that ICU coverage is not as profitable as operating room (OR) coverage. The entire Anesthesia Business Consultants client database only yields a few examples of private ...
Continue reading
462 Hits
0 Comments

CMS Releases MACRA/QPP Year 2 Proposal: Highlights for Anesthesiologists and Nurse Anesthetists

SUMMARY Proposed guidelines for the second year of the Quality Payment Program (performance year 2018, payment year 2020) would exempt many (but not all) anesthesia providers from the requirement to participate by increasing the low-volume thresholds for Medicare Part B from $30,000 in allowed charges or 100 beneficiaries to $90,000 or 200. We...
Continue reading
228 Hits
0 Comments