Negotiating your insurance contracts can be a great way (and often overlooked) to increase your per encounter revenue. Why see more patients if you could see the same number of patients and increase your revenue by 10-20%? Our insurance contract negotiation services is sure to increase your revenue and ensure you are being paid appropriately for all the services performed in your office.
How long does it take?
Negotiating your insurance contracts can take up to 6 months but is well worth the wait. Some payers may only take 60 days while others take the full 6 months, but either way, you will still see a substantial increase in revenue with our contract negotiation services.
How much does it cost?
Our billing clients have the benefit of utilizing this service under their revenue cycle management program. Their is no additional cost and the benefits can dramatically change the profits in your business.
What increase should I expect?
Each urology practice is different, but in general, you can expect a 6-12% increase in your contractual reimbursements. Depending on your payer mix, this could mean a substantial increase in your practice’s revenue.