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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At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.