decisionhealth Newsletters, Answer Books - 2009 Issue 2 (February)
Contracts and Contract Negotiations / Compensation - 7 Point to Examine
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Article Overview
This article explains what anesthesia practices should review when evaluating managed care contract compensation terms. It focuses on broad contract topics such as reimbursement timing, automatic adjustments, copayments and deductibles, claims payment and withhold handling, CRNA compensation, utilization review, and dispute resolution. It is intended for physicians, anesthesia practice managers, and other billing or contracting staff who negotiate payer agreements and want to understand the operational issues that can affect payment and workflow.
Why This Topic Matters
Managed care contract language can affect cash flow, administrative burden, and how payment disputes are handled. Reviewing these terms carefully helps practices anticipate billing requirements and avoid avoidable payment delays or denials.
Article Sections
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How the plan reimburses you
Discusses general reimbursement timing and submission workflow considerations for managed care claims. It also addresses contract timing provisions that can affect accounts receivable management.
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Required automatic adjustments
Covers broad contract terms related to automatic billing adjustments and retroactive payment changes. The section focuses on administrative and financial impacts on practice compensation.
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Copayments and deductibles
Reviews patient cost-sharing collection issues in the context of anesthesia practice and managed care. It highlights operational considerations for handling these amounts under different plan designs.
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Payment of claims and return of withhold/risk pool funds
Summarizes payment cycle considerations and the return of held funds under managed care arrangements. It also notes the importance of understanding statutory and plan-level deadlines.
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CRNA compensation
Addresses contracting issues involving CRNA services and medical direction compensation. It focuses on how payer arrangements may affect physician payment structure.
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Utilization review disapproval of a service for payment
Covers preauthorization, medical necessity review, and denial considerations in anesthesia-related care. The section also mentions special attention areas such as pain management and obstetric cases.
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Settlement of disputes
Describes dispute and appeals provisions that may be included in a managed care contract. It emphasizes the importance of having a clear review process when payment is denied.
What You Will Learn
- What contract terms can affect reimbursement timing and payment administration
- How automatic adjustments and other billing changes may affect compensation processes
- Why copayment and deductible handling matters for anesthesia practices
- What to consider about claims payment cycles and withheld funds
- How CRNA-related compensation terms may be addressed in payer contracts
- What broad utilization review and appeal issues can appear in managed care agreements
- How dispute and non-payment review processes are commonly structured
Who Should Read This
- Anesthesiologists
- Anesthesia practice managers
- Medical billing staff
- Physician contract negotiators
- Revenue cycle personnel
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