4 Reasons To Review Payer Contracts On A Regular Basis
When was the last time your organization performed a comprehensive review of its payer contracts portfolio? Many providers simply sign a contract, load the terms into their billing systems and then fail to revisit them for years. This “file and forget” strategy can have profound consequences on your revenue stream, and in a time of increased mergers and acquisitions throughout the industry, this hands-off approach can negatively impact the value of transactions.
Having a process in place to regularly review all the contracts in your organization’s portfolio is a must. Read more about four important reasons to keep current on the contracts in your portfolio.