There are too many times to count where we’ve encountered physicians who have not renegotiated their payer contracts for years and sometimes never.
If you fall into this category, then don’t waste another minute.
Reach for the phone and call us (877) 464-3005.
Contract Analyzer (Payer Dashboard)
Compare your payer contracts and reimbursements on an ongoing basis; test payer offers and your counter-offers. Key contractual information is easily available and provides a reference for renegotiating. All contracts are inventoried and catalogued.
Determine what various reimbursement rates will do to your bottom line, in aggregate and by CPT® code. Test the adequacy of your charges, determine A/R and write-off amounts.
Payer Letters & Considerations When Sending Your Contract Renegotiation Notice
- Requesting a Copy of Our Provider Agreement
- Requesting Our Complete Fee Schedule, w/attachment: “Our Specific CPT® Codes”
- Contract Renegotiation Notice
- Terminating Our Provider Agreement
- Notice to (Name of Payer) Patients
- Contract Renegotiation Appeal
Understanding and Defining Your Leverage
The inability to define your leverage will lead to failed negotiations.
Payers are not going to bring up missed points of leverage with you.
Just a 3 percent increase on total annual collections of $250,000 can put an extra $7,500 in your pocket.