Physicians Practice March 15, 2024
Negotiating your payer contracts is the ticket to the money you deserve.
Rent is up. Labor costs are up. Supply costs have increased. Patients want more attention and convenience than ever. Yet through it all, your practice has continued to deliver great care, and patients have a high rate of healthy outcomes and give you good reviews.
But payers have not recognized this. Reimbursement rates are stuck where they were before COVID-19, and in a high-inflation environment, that can push a practice into a financial crisis. Why don’t payers recognize the great work your practice has done and offer you better reimbursement?
Because you have not asked.
“Unless there is something with the Medicare fee schedule that could be advantageous...