This is an excerpt from a member-only article. To read the article in its entirety, please login
Boost compensation by ensuring that your practice gets fully reimbursed for out-of-network services
Your compensation depends as much on your practice's ability to get reimbursed by payers as it does on your skill with patients. Contracting with all payers may seem like a solution, but that wouldn't be business-savvy; however, neither is getting under-reimbursed for too many out-of-network claims.
Operating out of network (i.e., without a payer contract) means that for many services, you will be flying without the reimbursement safety net of a contract, and you may have trouble getting paid. This out-of-network collection struggle happens for several reasons