Builds high quality, cost-effective anesthesia care to meet your unique needs with help of outsourcing services. https://www.mgsionline.com/blog/in-house-vs-outsourced-anesthesia-billing/

1. www.mgsionline.com
In-House vs.
Outsourced
Anesthesia
Billing

2. www.mgsionline.com 2

3. INTRODUCTION
 Medical billing and coding is the meticulous process of tracking and
handling the medical claims efficiently between the providers and the
payers to ensure the provider receives full reimbursement for the service
rendered.
 This signifies the importance of the medical billing process for any
practice to keep their business running smoothly and successfully.
 Every medical procedure differs by its scope and complexity.
 Similarly, medical billing and coding processes and guidelines of billing
differ by each specialty and require a specific team of skilled professionals
to handle them productively.
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 Anesthesia billing has its own complexity and can
be more problematic than other specialties as
unlike other billing where the payment is
processed by fee-for-service, Anesthesia claims are
paid by units, time, and modifiers used.
 This makes the process even more complex for
billing and coding, which also demands ample
time of attention from the provider handling the
billing process in- house.
 Read through the below discussed points to help
yourself decide whether to keep your anesthesia
billing in-house or to outsource.

5. In – house Anesthesia Billing 5Cons
Tedious and Challenging:
 As discussed above, in-house
anesthesia billing requires close
attention which is time-consuming for
the provider added to the core job
responsibility of patient care.
 While in-house billing gives complete
control and accessibility, it also
obligates you to take sole
responsibility and liability of the entire
billing process
Comparatively Expensive:
 Handling billing process in-house is comparatively
expensive.
 Practice and infrastructure cost, staffing, training,
paying billers and coders, and covering employee
benefits, investing in technology all put together will
add up more than the cost of outsourcing your
billing.
Pros
Retain Complete Control:
 Having hands-on-control over the billing process and
the team handling them is looked upon as an added
advantage by many providers.
 Working closely with experienced staff who have been
with you and your business from scratch will boost
your trust and comfort level in handling the process.

6. In – house Anesthesia Billing 6
Pros
Process handled at close
proximity:
 Just walking across your office
floor to look into or discuss any
minor or major issue if any, gives
you close accessibility to your
billing process and the team.
 It makes the execution of
standard procedures and
delegation of instructions much
easier.
Pros
ROI (Return on Investment):
Managing the billing process in-house will
ensure to keep the finance under control, as even
the trivial process and matters are under the
provider’s purview for immediate attention and
action, which in-fact reduces unwanted expenses.www.mgsionline.com

7. Outsourced Anesthesia Billing 7Cons
Less Control:
 Outsourcing medical billing means less
direct control of the process.
 You no longer get the accessibility of
your team by just walking across your
office floor.
 You don’t have to get to the bottom of
every trivial matter or error and issues of
every claim to understand them.
 However, if you have chosen your right
partner you can rest assured that your
billing is in the hands of experts in the
medical billing field.
Hidden fee and Variable cost:
 Keeping in mind that most company’s only goal is to make
money, it is likely that your medical billing partner may
imply hidden charges.
 To avoid getting trapped into any hidden charges, it is
imperative while choosing your medical billing partner you
need to be careful to check out their integrity and longevity
along with their years of experience in the industry and
choose a trustworthy medical billing partner.
Pros
Cost-Effective:
 Whether you are a start-up or a small practice set up,
outsourcing your billing services makes the best sense for
your finance.
 A medical billing company provides you with an
experienced billing team, thereby reducing your spending
on a billing department.
 The outsourced company takes care of the staff training,
software, and hardware requirement of the billing team.
This ascertains that outsourcing medical billing help
reduces the cost of operation and increases revenue..

8. In – house Anesthesia Billing 8Pros
Experienced Team:
 An outsourced medical billing company
has experienced and trained
anesthesia billers and coders handling
your claims efficiently.
 The team with their vast experience
and expertise handles every claim with
the utmost care to ensure timely filing
and reimbursement.
 An outsourced medical billing company
is compliant with HIPAA to safeguard
your PHI and privacy policy.
Pros
More focus on patient care:
 Being able to provide undivided attention to your
core job “patient care” will help attract more
patients and serve them better.
 Outsourcing your medical billing can help relieve
yourself from the hassle of getting involved in the
billing process resulting in more time to focus on
patient care!.www.mgsionline.com

9. www.mgsionline.com 9
 MGSI is a 25+yrs old national medical billing
company based in Florida.
 MGSI caters its services to Solo and group practices for 25+
specialties in multiple states across
 the country. MGSI is an A+ rated company with Better
Business Bureau.
 It is HIPAA compliant ensuring high levels of patient data
and network security. To learn more details, log on to
www.mgsionline.com
About MGSI:

10. Call Us: 877-898-6474
Visit Us: www.mgsionline.com
Mail Us: info@mgsionline.com
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You