Forgotten idea in managed care negotiations

Written by Reed Tinsley | November 3, 2008

 

 

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!

 

About the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.

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