Physicians Practice: Negotiating Medical Practice Payer Contracts to Your Advantage
Although it can be time-consuming, it is absolutely essential to closely review your medical practice’s insurance contracts before you sign on the dotted line. AAPC National Advisory Board’s Member Relations Officer Melody S. Irvine, CPC, CPMA , CEMC, CFPC, CPC-I, CCS-P, CMRS, recently published an article in Physicians Practice in which she explained what deserves your extra attention in the insurance contract review process.
“There is an imbalance of power between the insurance companies and physicians,” she points out. “Insurance companies are responsible first to the shareholders, second to the customers, and then last to the contracted vendors.”
Read the full article.