Dealing with payer contracts can be frustrating and time-consuming. Most medical practices fail to review their contracts at all, either for lack of staff to do so, or simply lack of knowledge that it needs to be done.
If your practice is not regularly examining and renegotiating contracts with insurance plans, you could be leaving money on the table. There are ways to work with your top payers that will help you build your relationships and patient base while increasing revenue.
Join us for this information-packed session where industry expert Stephanie Thomas will go through the steps on how to prepare for these meetings, what information to have available and understand prior to the meeting and how to feel confident that you will succeed in your negotiations. Next, she will walk through the common contract modifications that are done, that can seem favorable to the provider but can be more favorable to the payer. Lastly, and most important, Stephanie will talk through the final steps and also the importance of self-auditing to ensure your new rates do go into effect as promised.
Medical professionals that are involved with the dealing of contract negotiation for their practice, as well as billing professionals that are in the day to day of payer communications and dealings. This session will give a lot of information on how to understand, review, and negotiate those topics that many healthcare professionals should be well versed in.
Stephanie has worked in the medical, billing and coding industry for nearly 20 years. It is truly her passion. Stephanie works closely with small and large private practices to audit and collaboratively improve their revenue stream. She prides herself in her dedication to her clients and has built a team of incredible billers and coders to support her mission of assisting practices and Physicians across the country with proper coding and aggressive billing practices while being compliant.
Stephanie also has extensive knowledge in physician practice processes, front desk, back office, and clinical. This knowledge allows her to be an invaluable asset for all things clinical operations, revenue cycle, internal audit, risk management, and healthcare administration.
Recorded Webinar -
Out of Network-how to get pre authorizations or referrals to protect your bottom line