Complimentary Managed Care Contract Negotiation Checklist
Negotiating your #managedcare contracts is a necessary evil if you want to have a successful #medicalpractice. However, jumping into the process without a clear plan of attack can lock you into terms that get you paid less than you deserve, or even worse.
The good news is, you can make negotiating your managed care contracts faster, easier, and more successful by utilizing this complimentary Managed Care Contract Negotiation Checklist.
Even though you can request a contract review with your payer any time you see fit, doing so before you have all of your ducks in a row can have serious consequences.
In most cases, #payer reimbursement is your top issue when negotiating your payer contracts. However, you should also carefully analyze your profit by payer as well. You may determine that you are losing money on the contract. If that occurs, you may decide that you would be better off by walking away from the contract altogether.
The downloadable Managed Care Contract Negotiation Checklist will help you do all of this and much more.
BONUS: At the end of this checklist, you’ll find a sample payer communication letter as an added bonus. This letter will help you initiate the negotiation process with your payers and set the tone for a more successful end product.
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We support healthcare providers with expertise, data, and proactive contract management that safeguards practice revenue. Our team of experts can analyze individual or group contracts and assess where certain changes can lead to a positive impact for your practice. #managedcare #medicalpractice #payer
If you lack the time or resources to accomplish this all-important task, contact us and we will be happy to do it for you. www.codetoolz.com (512) 787-1852
Our team knows where to find leaks in your revenue and can help set your revenue cycle up for future success.
Please be sure to check out our New CodeToolz Member Resource Center (MRC). The CodeToolz MRC contains valuable tools, resources and content for our members who want to have the tools necessary to meet the challenges of a changing healthcare system.
View and Download PDF Version here.
Payer Relations Authority | Senior Executive | Certified, Healthcare Finance & Revenue Cycle | Leader, Healthcare Policy | Mentor, Early Careerists | Consultant | Speaker | Publisher, Mastering Managed Care? on LinkedIn
1 年Very nice outline. It touches on some often overlooked to-do list items and provides follow-up suggestions as well. I would recommend this to colleagues and even those not directly involved in contracting; it gives a great insight into what we do. Thanks for sharing this with the Group. ??