NEGOTIATION WITH HEALTH INSURANCE COMPANIES
We Negotiate Physician Reimbursement Rates
Payer contracts represent a significant amount of physician revenue and should be evaluated with careful scrutiny.
Physicians who fail to negotiate with payers or gain a clear understanding of insurance contracts risk presenting a financial blow to their medical practice.
We look at each insurance plan agreement to determine exactly what plans the practice is enrolled in and what the key contract terms are.
- We Analyze Insurance Contracts
We review the contract to determine the requirements to make rate adjustments.
- Collect and Provide Accurate Data
Before negotiating with payers, doing some research and becoming knowledgeable in your internal data could prove beneficial.
- Gain a Clear Understanding of Legal Documents
Legal wording can be confusing, but the cost of not understanding contracts could hurt your business in the worst way over time.