Assess Your Practice's Situation for Managed Care Contracts

Assess Your Practice's Situation for Managed Care Contracts
Original presentation date: Aug. 10, 2021

“The Queen’s Gambit” is a strategy designed to secure control of payer contracting from the opening negotiations to the end of contract signing. In today’s complex radiology landscape, physician groups typically find themselves looking for ways to improve their financial performance. One of the primary strategy’s radiology practices can use is to focus on contract negotiations, which can lead to increased revenue and enhanced financial performance. The primary goal for any managed care negotiation is to receive fair compensation for the services provided. However, that should not be the practice’s only objective. During the session you will learn how the combination of contractual rate, denial rate and bad debt all determine the net value of the managed care contract. Walk away with tips to assess your current situation and develop new strategies.
50.00