Summary: The year that was involved a transition from pandemic-induced reductions in case volumes to gradual recovery. However, other market and demographic forces affected practices in 2021 and will continue to have an impact on the year ahead. By all accounts, 2021 was a challenging year for American medicine. The pandemic, which we all thought ...
SUMMARY: While the anesthesia specialty is seeing a general downward trend in reimbursement due, in part, to an increase in Medicare payer mix and a growing stinginess on the part of third-party payers, orthopedics continues to be a relatively profitable line of business. Over the past months, we have tended to focus on policy updates an...
Today's anesthesia practices must understand the current shift in patient demographics and determine how that will impact their practice parameters and revenue. Groups must have plans in place to deal with the changing realities.Anesthesia has been undergoing a significant paradigm shift. It used to be that the primary focus and concern of anesthe...
Summary: When it comes to assessing the appropriate size of your anesthesia practice, several factors must be considered. Understanding the practice's constituent parts and other variables will aid in determining what size works best. As Americans, we have a fascination with bigness. We are raised in the belief that bigger is better, especial...
Summary: It should come as no surprise to our readers that reimbursement for Medicare services has been going in the wrong direction. That trend will not be reversed in 2022. This and other items arising from the 2022 Medicare Physician Fee Schedule Final Rule are discussed in today's alert. On November 2, 2021, the Centers for Medicare &...