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Anesthesia Consulting
Due to the nationwide shortage of anesthesiologists and Certified Registered Nurse Anesthetists ("CRNAs"), many anesthesia groups across the country are experiencing recruitment and financial difficulties.
The shortage is projected to continue for the next several years as surgical volumes increase and the population ages. The result is increasing salary demands from anesthesia providers in recent years. Consequently, anesthesia practices are looking to hospitals for financial support enabling them to compensate anesthesiologists and CRNAs at fair market rates and to enhance recruiting efforts.
PYA has a proven track record in providing solutions designed to assist organizations in determining fair market value rates and successfully negotiating anesthesia coverage agreements. As part of these engagements, PYA:
- Evaluates the anesthesia program, and applicable regulations as prescribed by the Internal Revenue Service ("IRS") or physician employment guidelines that directly impact the ability of the hospital to financially support an anesthesia practice.
- Assesses the financial and operational data of the practice and utilizes benchmark data to assess the overall performance of the practice. This process has created positive results for our clients and has enabled them to effectively address the financial requests that are presented as a result of the anesthesia provider shortage.
- Determines appropriate fair market value compensation for anesthesia providers to ensure compliance with established IRS regulations.
- Successfully negotiates anesthesia services agreements between hospitals and anesthesia practices.
- Develops and facilitates physician "champions" to enhance relationships between hospitals and anesthesia practices as well as fosters process improvement and customer service initiatives.
- Assists anesthesiologists and hospitals in the establishment of a new anesthesia practice to stabilize the departments and support hospital needs.
- Identifies areas for improvement such as scheduling, contract negotiation, staffing complement, and overall efficiency for revenue enhancement.
- Evaluates anesthesia practice expenses to ensure parties are compliant with existing contracts.
- Advises organizations regarding contract provisions to ensure optimal performance while minimizing financial risk to all parties.
If you would like additional information regarding our anesthesia services or have any questions, please contact Marty Brown at (800) 270-9629 or e-mail mbrown@pyapc.com.
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