Because of the intricacy of managed care contracts, many healthcare providers have not closely analyzed terms for quite some time, oftentimes leading to a significant loss in revenue. Managed care contracting may be a tortuous process, but understanding a few key points can result in increasing a provider’s bottom line. Essential managed care contracting concepts include:
• Knowledge of procedure logic and claim adjudication
• Understanding of implant language and billing requirements
• Grasp of general contract language and renegotiation
Learn more about the ins and outs of managed care contracting during a webinar hosted by National Medical Billing Services and Becker’s Hospital Review on Oct. 14 10:30 AM to 11:30 AM CT. Click here to register.
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