Anesthesia reimbursements continue to sink
By Admin | January 24, 2024
Anesthesia reimbursement declines, along with demographic trends and case volume shifts, have drastically changed the ways that providers approach anesthesia coverage, according to a Jan. 16 blog post from Coronis Health.
Medicare payments for anesthesia "do not begin to cover the cost of providing care," according to the post. The average anesthesia rate for 2023 was $21.88, a 5.5% decline from 2019, according to a review of six Coronis clients' anesthesia data.
If an anesthesia provider generates 10,000 billable units and its only source of payment is Medicare, the total revenue potential is only $218,000, the report said, assuming that all revenue could be collected. This deficit has pushed anesthesia providers to non-Medicare plans and hospital support.
This challenge is compounded by the size of the Medicare population. Currently, around 18% of Americans are covered by Medicare, and this number is expected to increase as the population...(More)
For more info please read, Anesthesia reimbursements continue to sink, by Becker's ASC Review
