Steps To Effectively Manage Payer Contracts

Simple steps to effectively manage revolving payer contracts at your facility

1. Know where your contracts are and keep them in a safe place. Store a hardcopy of your contracts in a safe, secure, fire-proof area, and create an electronic copy by scanning them to a CD or external hard drive (along with storing them in a secure drive on your network).
2. Ask your payers to make the contract easy to read. Request that your payers remove unnecessary legal jargon from your contract. It’s not always possible, but the clearer the contract, the easier it is to understand the rules within.

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