IAM MANAGEMENT SOLUTION

Innovative Anesthesia Management (IAM) is the proven leader in providing anesthesia services solutions to physician owned ASC. Working primarily with GI ASC’s, we provide our clients with a turnkey anesthesia management services model that allows for flexibility in approach. Our clients enjoy this flexibility because it balances cost effectiveness, patient satisfaction and physician income, thus creating an effective anesthesia delivery system that is both patient centric and physician sensitive.

Our objective is to be the market leading, low cost, high quality anesthesia services manager for our clients. IAM performs most of the functions in the development and management of your anesthesia entity. In return for our management fee, IAM will provide anesthesia professional recruitment, billing and collections, complete financial management, daily staffing requirements, quality assurance oversight and all other management functions related to anesthesia delivery. We can be up and running in your office in 90 to 120 days, depending on anesthesia professional recruitment and payer contracting requirements.

The IAM management solution is very complete and includes the following services:

Recruitment and Staffing of Anesthesia Personnel

• IAM is responsible for recruitment, staffing, and contracting of anesthesia personnel that will provide anesthesia services for our client.
• IAM provides a lead manager CRNA or MDA who is based in the geographic region of our client; the lead manager CRNA or MDA is paid additional compensation by IAM to assure that on-site management duties are fulfilled and to assist in scheduling and management of all anesthesia personnel.
• IAM and lead manager CRNA or MDA are responsible for all recruitment and scheduling for all surgery center locations.
• IAM provides back-up anesthesia provider services via locum tenens arrangements.

Quality of Care Management

• Review physician expectations
• Review of supply purchasing and maintenance
• Develop consistent standards of care
  • Patient selection
  • Dosing regimen
  • Operational responsibilities of anesthesia personnel (e.g. interaction with RN staff)
  • General relationship with RN staff
• Development of data studies to assure both the cost effectiveness and satisfaction of anesthesia services
• Assurance that quality management review for anesthesia services at the facility is consistently applied

Billing and Collection Services

• IAM provides all billing and collection services. The services are all-inclusive and are at minimum anesthesia provider enrollment with payers, billing, collections and reporting.
• IAM will work to establish specific collection policies for billed anesthesia services that are unique to client needs.

Managed Care Payer Negotiation

IAM negotiates anesthesia reimbursement and agreements with managed care payers.

Credentialing of Anesthesia Personnel

IAM collects and maintains credentialing data for all anesthesia personnel to assist in client facility and payer credentialing.

Cost of Services

Our management fee is based on a percentage of net collections (collections after bad debt, before expenses). The actual fee depends on the size of the group. IAM absorbs development expenses on the front end.

Term and Termination of Agreement

The term of the Management Agreement is usually three (3) years due to the up-front cost of implementation. The Agreement includes a provision that provides for re-negotiation should changes make the Agreement unprofitable. A client is never stuck with an unprofitable arrangement.