Knack RCM Anesthesia Services

Specialty intelligence.
White-glove partnership.
Technology-driven performance.
Outcomes that outperform.

CPC-certified coders · ≥95% coding accuracy

Benchmarks that outperform industry KPIs

$ 0 B+

In collected anesthesia payments

$ 0 M+

Collected in CY 2025 alone

0 M+

New anesthesia claims processed annually

0 +

Certified Professional Coders in anesthesia

0 +

Dedicated onshore anesthesia professionals

0 +

Total dedicated anesthesia professionals

Why Anesthesia Groups Choose Knack

Built for the realities of anesthesia practices.

Anesthesia is one of the most complex specialties to manage financially, with intricate coding, shifting payer rules, and rising pressure on hospital and ASC economics. Knack RCM has focused on anesthesia revenue cycle and practice management since 1975, and we still partner with our very first client. Our teams blend deep specialty knowledge with AI-assisted tools and white-glove service to protect margin, reduce friction for providers, and keep your group resilient in changing markets.

What makes us different?

what we deliver

Three pillars, one

accountable partner

End-to-end execution, reporting that drives decisions, and  partnership in the economics behind your practice—all built around how anesthesia revenue actually moves.

01 · Revenue cycle
precision

End-to-end RCM by certified specialty coders

The complete anesthesia revenue cycle, handled — so your clinicians can focus on care. CPC-certified coders and auditors reduce leakage and accelerate cash.

02 · Insightful reporting & benchmarks

Anesthesia KPIs that do more than report the past

We turn operational and financial data into insight for your group and your hospital and ASC partners — showing where margin is at risk, and how to fix it.

03 · Practice & hospital partnership

Strengthen practice economics and hospital or ASC relationships

We support the broader strategy behind the revenue cycle, helping you secure sustainable contracts, stipends and staffing models.

Proof · clients & outcomes

Two decades of anesthesia
partnerships — with

the numbers to prove it

Provider-owned anesthesia groups Knack RCM helped build from the ground up — and grow, year over year.

98%

Net collection rate — top of the industry’s 94–98% world-class range

≥95%

Coding accuracy by CPC-certified anesthesia coders

Benchmark-beating

Days in A/R & denial rates vs. industry KPIs

Kentucky Anesthesia Group

Since 2003

Georgetown, Kentucky · Provider-owned · 6 anesthesiologists + 30+ CRNAs across six facilities

Knack RCM (then Merrick Management) stood up KAG from scratch in 2003 — state filings, hospital and payer contracts, credentialing, benefits and optimized RCM — and has been a growth partner ever since.

250%

Increase in annual collections

97%

Net collection percentage

26

Days in accounts receivable

95%+

Compliance audit score

Knack RCM’s practice management services have aided us in maintaining our initial hospital relationships since 2003 — more than doubling the number of cases and revenue our practice generates annually.

Raymond Depa, DO · President, Kentucky Anesthesia Group

Anesthesiology Consultants Enterprises

Since 2007

Louisville, Kentucky · Provider-owned · 38 anesthesiologists + 90 CRNAs · three tertiary-care hospitals

In 2007, Knack RCM (then Merrick Management) helped ACE’s founders move from a hospital-employed model to private practice — negotiating the coverage and subsidy arrangement, securing payer contracts, and handling business formation.

15%

Collections lift in Year 1

98%

Net collection percentage

25-30

Days in accounts receivable

95%+

Compliance audit score

We have grown from $6 million in clinical to almost $30 million. It is due to our ongoing partnership with Knack RCM and Ryan that we’ve been able to accomplish this growth.

Kenneth A. Thielmeier, MD, FACC · Anesthesiology Consultants Enterprises

Leadership & team

The people behind your revenue

Meet the leaders guiding Knack RCM Anesthesia Services — including the Merrick and PPM leaders who built five decades of anesthesia expertise.

Ryan Nunnelley

Co-President · Anesthesia

RCM & Practice Management

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Kelly Ison

Co-President · Anesthesia RCM & Practice Management

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Connor Nunnelley

Vice President · Anesthesia RCM & Practice Management

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Dennis Chaney

Vice President ·
Anesthesia Operations

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Josiah Henson

Vice President- Anesthesia RCM & Practice Management

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LEADERSHIP & TEAM


THOUGHT LEADERSHIP

Payer advantage, ASC economics & the provider power shift

Practical perspective for revenue leaders navigating denials, payer pressure and the economics behind anesthesia and surgical care.

ANESTHESIA BENCHMARK REVIEW

See how your anesthesia

Revenue compares.

Share a few high-level metrics and we’ll benchmark your anesthesia program against top-performing peers — and show where specialty-intelligent RCM can move the needle.

CPC-certified anesthesia coders

98% net collection rate

Anesthesia focus since 1975

— FAQ

Anesthesia revenue cycle

management, answered

Straight answers to the questions anesthesia groups, hospitals and ASCs ask most.

Why use a specialty RCM partner for anesthesia instead of a general billing company?

Anesthesia's time-based billing, concurrency rules and payer-specific nuances create revenue leakage that generalist vendors routinely miss. A specialty partner with CPC-certified anesthesia coders and benchmark reporting captures more revenue, lowers denial rates and reduces compliance risk.

End-to-end coding and billing by CPC-certified coders, eligibility and clean-claim validation, denial and A/R follow-up, payment posting and patient support, KPI and OR-efficiency reporting, and data-grounded contract and stipend negotiation support for hospitals and ASCs.

Knack has collected more than $5B in anesthesia payments — including $315M+ in CY 2025 — and processes over one million new anesthesia claims a year. Core KPIs such as days in A/R, denial rate and net collection percentage consistently meet or exceed industry benchmarks, with net collections reaching 98%.

Our anesthesia practice is built on the combined heritage of Merrick Management (founded 1975) and PPM Partners (founded 1991), and we still serve our very first anesthesia client from 1975.

TrueRev is Knack RCM's interactive revenue-intelligence assistant. Describe your practice in plain language and TrueRev models where specialty-intelligent RCM could unlock revenue for your group — in about a minute, with no form to fill out first.