Why You Should Review and Negotiate Your Contracts
You shouldn’t assume that payer policies are the same as CMS. Even when the contract says they follow CMS, we find frequently that payers’ actual polices are quite different. The payers created these managed care contracts with hospitals to serve their own needs as profit-maximizing businesses. This is a very different focus from most healthcare providers.
These payer agreements are legal documents that specify the operational, clinical, and financial obligations that providers are required to fulfill before payers are legally required to reimburse you.
Don’t let your healthcare organization -- or your patients -- be taken advantage of. Consult with us today to ensure your contracts are as fair and efficient as possible.
Our experienced team reviews your agreements and renegotiates them as necessary on your behalf.
Protect Your Revenue from Degradation
We often find that healthcare organizations focus on negotiating the rates only to find that their expected realized hospital revenue is not being generated by the contract payments. This is caused by the language and the structure of the agreement, which -- if not fully understood -- can negate the payment rates. Payers are adding conditions that moves their business risk to providers as the United States moves from volume to value. Without senor level executives on your team dedicated to monitoring, measuring, and negotiating these policy changes in your existing managed care contracts, your revenue can be degraded during the term of an agreement. Protect your revenue from degradation by partnering with us.
How We Help
We use custom tools we specifically built to assess your actual claims, executed contracts, and remittances from each payer. Next, our team uses this assessment to identify the specific areas that cause these results. Once the tools are developed, we can see how and where to negotiate language, methodology, or rate changes to achieve your goals.
All the information is shared with your team to help them understand and comply with the requirements of the contract. This helps ensure your system gets paid the hospital revenue you expected.
Our team is built with executives who have payer and provider experience across the United States. This allows us to track trends and share experience, as well as develop client-specific solutions for the optimal outcome for each organization.
Request a Consultation Today
Would you like to discuss how our team might help you negotiate agreements that achieve your goals? Reach out to our team to request a consultation on our contract solutions. We look forward to meeting with you and demonstrating how our team will streamline your agreements and increase your overall revenue.
Contact us for further information on how our payer contract solutions maximize your revenue. We’re proud to serve clients nationwide.
Maximizing Value of Managed Care Contracts