Greetings Monitor readers! Consistent with the practice management theme this month, we were asked to provide a concise update regarding how funds flow from the patient to the practice and ultimately to the physician. While considering the broad scope of the subject, we decided that answering the following two questions would make the material most relevant to practicing anesthesiologists:
The answer to either of these questions alone could fill an entire issue of this newsletter. However, we hope to provide an introduction that stimulates readers to further explore these subjects. The assumption that how the practice is paid correlates directly with your paycheck is often overly simplistic.
Most of you should be familiar with the process of providing the anesthetic followed by either “closing the encounter” (for you Epic people) or submitting a copy of the paper documentation to your billing company. It’s at this point, in the offices of...
