Payor contract negotiation needs preparation

One of the ways to increase the financial performance of a practice/ healthcare organization is payor contract negotiation. However, payor contracts can be complicated and difficult to interpret even with an attorney or consultant by the side of a physician. Hence a lot of preparation has to be done before going to the negotiating table.

A well thought out strategy needs to be planned and negotiating points to be kept in mind during discussions with payors over contract language/terms, inclusions, exclusions and coverages. Persistence in this process and successful contract negotiation pays in the long run. This is especially so in the post-COVID era with the unprecedented financial challenges faced by providers and payors. (more…)

Press Release on “Bristol Healthcare Services is exhibiting at the HBMA Conference on September 2021 in Dallas, Texas”  was published in www.issuewire.com on 01 September 2021.

Cerritos, California Sep 1, 2021 (Issuewire.com)  – Bristol Healthcare Services, a medical billing and coding company located in Los Angeles, California, is pleased to announce its participation in the HBMA conference from September 8-10, 2021, at Sheraton Hotel, Dallas. (more…)