Forgotten idea in managed care negotiations

There is a hidden secret in managed care negotiations that many physician practices fail to utilize - involving your the patients and their employer(s) in the process. Once the people who were paying for and being covered by the insurance company hear your side of the story, they can and often will put pressure on the insurance company. So before or during a negotiation, send a letter to your patients and their employers explaining your plight and position with respect to their insurance carrier of choice. It just might help!

 

 

Have questions? I’m here to help.

This field is for validation purposes and should be left unchanged.
This field is for validation purposes and should be left unchanged.
Categories
Accounting and Tax Services Litigation Support Managed Care Consulting Managed Care Contract Negotiations Medical Practice and Healthcare Entity Valuation Medical Practice Assessment Medical Practice Brokerage Medical Practice Embezzlement Consulting Medical Practice Management Medical Practice Merger Advice Medical Strategic Planning Newsletter Personal Financial Planning Oversight Physician Compensation Models Physician Compliance Physician Financial Management Services Retirement Uncategorized
About Reed Tinsley, CPA

As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read More >

Reed Tinsley, CPA