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Contract Negotiation
With the constant changing of government and commercial payer contracts, you need to know that your practice is being reimbursed properly. Our consultants have what it takes to negotiate contracts.
We have experience negotiating office leasing, medical supplies, computer and IT services, and on your behalf in a variety of healthcare specialties. We also work with all the major equipment and medical consumable suppliers. We know what factors are negotiable and how to avoid the pitfalls of unfavorable terms. Best of all, we have one-on-one relationships that can make a difference in ensuring a successful contract for the physician or a group of physicians.
The strength of managed care contracts has a huge impact on the profitability of physician practices. Today’s reimbursement environment is more difficult than ever to navigate. Factors such as increased competition from other providers, overall downward pressure on fee for service providers.
With our contract negotiation services, we bring experience in these areas to the negotiating table to benefit your practice:
– In-depth knowledge of major equipment suppliers.
– Plan assessment to match offerings to specific practice needs.
– Understanding of unique factors impacting specialty practices.
– Guidance on negotiating terms.