Organize your contracts to improve negotiating clout
Payers are achieving claims savings today by digging into the pockets of providers and consumers. Providers have accepted pay cuts during contract negotiations, and members have been stuck with rising copays and deductibles. Although providers have little sway over the benefits in employer-sponsored health plans, they can at least halt the erosion of practice revenue and physician income by assembling a matrix of their contracts, assessing their current payments, and forcing payers to the table with good data, according to Penny Noyes, president of Health Business Navigators, a consulting and provider contracting firm based in Bowling Green, KY. Noyes presented negotiating and contracting strategies at the Medical Group Management Association (MGMA) 2007 Annual Conference in Philadelphia in October.

Most Viewed
Most Emailed
- Sebelius Lashes Out at Anthem for Premium Increases
- 10 Ways to Improve Handoffs in Your Hospital
- Nurse Anesthetists Say They Practice Safely Without Physician Supervision
- There are Big Bucks in Better Patient Flow
- Doctors Sue To Stop Unsupervised Nurse Anesthetists from Administering Anesthesia
- CT Hospital was Prepared for Power Plant Explosion
- Can Nurses Drive Health Reform?
- Expectant Moms, The White House is Calling
- Texas nurse to stand trial for reporting doctor
- HIPAA Harm Threshold Works, Say Providers
